Marsh names SPAC leaders

Marsh LLC said Thursday it has named Andrew Fiscella and John Umbach as SPAC co-leaders within Marsh Specialty’s U.S. financial and professional liability practice.

They succeed Machua Millett who has left the company, according to a spokeswoman.

Messrs. Fiscella and Umbach, who are based in Denver and New York respectively, previously served as senior vice presidents within Marsh’s FINPRO practice, Marsh said in a statement.

They are responsible for leading a team of risk specialists helping special purpose acquisition company clients identify risks, customize programs and secure directors and officers liability insurance policies throughout the SPAC life cycle, including the ultimate, de-SPAC transaction merger, Marsh said in the statement.