Intelligence: Is it boom time for special purpose acquisition companies in the UK?
Although the mania for special purpose acquisition companies of early 2021 has subsided, investor enthusiasm persists and is in the process of going global. The losses directors’ and officers’ insurers can expect to flow from these types of companies remains uncertain, but 2022 may provide a clearer picture.
In December, WTW boasted that it had secured the insurance placement of Hambros Perks Acquisition Company – the first special purpose acquisition company – or Spac – listed on the London Stock
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