Andrew Pendergast

Senior Vice President, SPAC & GPL Practice Leader

Panelist

NFP

Andrew Pendergast has been part of the specialty insurance profession for over a decade. As SVP, SPAC & GPL practice leader, Representations & Warranties, he focuses on creating value for both private and public companies. Andrew excels in structuring and placing SPAC IPO and business combination insurance programs, GPL insurance programs for private equity, hedge fund and other alternative asset managers, and directors and officers liability solutions. In addition to direct experience forming and leading a SPAC practice, Andrew serves as a broking industry expert on the liability and exposures that SPACs face, and holds the Associate in Risk Management designation.

Topic

2:25 PM - 3:10 PM

Thursday June 16, 2022

When SPAC Litigation Triggers an Increase in D&O Insurance Costs

  • Lawsuits against SPACs are on the rise
  • When de-SPACed targets underperform and infuriate investors, who’s to blame?
  • Why should all SPACs pay for the mistakes of a few bad apples?
  • Negotiation with insurers: How SPAC management can hold down D&O costs
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