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Gallagher Broker John Marchisi Recognized as a 2024 M&A Power Broker

Topics: M&A

John Marchisi, National Director, SPAC Segment, Gallagher

John Marchisi, CCIC, MLIS
National Director, SPAC Segment
Gallagher, Fort Lauderdale, Fla.

It took only a single deal to convince an executive at one SPAC — or special-purpose acquisition company — that John Marchisi was the right choice.

Marchisi helped keep D&O insurers committed to the SPAC’s transaction through an extension and several delays in closing a
deal last fall, the executive said. “John really hung in there with us through the long haul to make sure that our deal was successful.”

It took more than persistence to keep insurers engaged, however. The executive credited Marchisi’s knowledge of SPACs and his strong relationships with insurers. The executive also cited the broker’s recommendation for what he described as a “mini road show” — visits with insurers so they could get to know the SPAC’s executives and their corporate experience.

“I thought that was a very creative approach,” the executive said. Marchisi also came through when the SPAC needed more flexible payment terms due to the delays in closing, the executive added, noting that SPACs are often cash-strapped toward
the end of their deal-making process. “That was a huge benefit to us.”

SPACs, which have faced regulatory scrutiny, represent complex risks. Marchisi has played a pivotal role in educating carriers about the sector, where corporate structures do not align with traditional policy forms, according to one underwriting executive.

“Leveraging his background in the financial services industry, John effectively bridged this knowledge gap for insurance carriers,” the executive said.

All 2024 Power Broker Winners

2024 M&A Power Broker Winners and Finalists


What is a Power Broker?

A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they have delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge.

Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community.

Who selects the winners?

Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.

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