Zukin Certification Services today announced a partnership with specialty insurer Banyan Risk to offer discounted Directors’ and Officers’ insurance in combination with a subsidized Zukin Reasonable Basis Review – a service designed to provide SPACs with an independent review of a target company’s financial projections.
Since receipt of a Zukin RBR Certification can serve to mitigate a transaction’s risk profile, according to the press release, Banyan will offer its SPAC clients both a subsidized rate on the Zukin RBR service as well as discounted D&O insurance premiums. Read more.
