The fewer companies that ring the opening day bell, the fewer insurers must write public D&O insurance policies. However, there's a unique twist happening at the moment that are signal a softening of the D&O insurance market. (Credit: MOZCO Mat Szymański/Stock.adobe.com)
In the wake of a global pandemic, valuations bloated, and venture capital (VC) investments spiked at around $643 billion. Additionally, the U.S. welcomed more than 580 unicorns and rolled out more than 1,030 IPOs, though half were SPACs. We haven't even topped 200 IPOs for 2022, a stark contrast to the "miracle year" before. With the sour taste of a hard D&O insurance market lingering, we can only wonder how shrinking IPO activity impacts this space. Let's talk about these dynamics and what to expect in the future.
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