SPAC issues need to be addressed on a market-to-market basis: AIG’s Barrett
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SPAC issues need to be addressed on a market-to-market basis: AIG’s Barrett

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The insurance market is going to need to address the issues raised by SPACs, or special purpose acquisition companies, as will many other markets, according to Allison Barrett, head of North America financial lines at AIG.

Speaking on a panel at the 2021 D&O Symposium alongside Jaimie Hunter, Stephen Sills and Robert Clark, Barrett said: “Every market is going to have to decide where they stand on the issue of SPACs, how active they are...

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