Hagerty, Inc.

Hagerty, Inc. (NYSE: HGTY) operates as a market leader in providing insurance for collector cars and enthusiast vehicles, complemented by a comprehensive automotive ecosystem that includes membership offerings, events, media platforms, and a trusted marketplace for buying and selling specialty vehicles. The company maintains its investor relations website at investor.hagerty.com.

Founded in 1984 and operating for more than four decades, Hagerty has built a distinctive business model centered on serving the automotive enthusiast community. The company operates through two reportable segments: Insurance and Marketplace. The Insurance segment generated 92 percent of total revenue and includes the company's core guaranteed value insurance products, managing general agent operations, reinsurance activities through Hagerty Reinsurance Limited, and ancillary services. The Marketplace segment, representing 8 percent of revenue, encompasses live auctions and online sales platforms through Broad Arrow Group, brokered private sales, and financing solutions provided by Broad Arrow Capital LLC.

As of December 31, 2025, Hagerty covered approximately 2.8 million collector cars and enthusiast vehicles through its insurance policies and employed 1,891 full-time employees. The company operates across North America and Europe, with significant presence in the United States, Canada, and the United Kingdom. Hagerty's insurance distribution model combines direct-to-consumer sales with an extensive agent channel that includes relationships with nine of the top ten largest auto insurers and over 54,000 independent agents and brokers.

The company's competitive strengths include an exceptionally high insurance policy retention rate approaching 90 percent, an average policy life of approximately nine years, and a leading Net Promoter Score of approximately 81. Hagerty's integrated ecosystem creates numerous customer touchpoints throughout the year, differentiating it from traditional insurance competitors. The company maintains strategic alliances with Markel Group for underwriting and administration, Aviva Canada for Canadian operations, and State Farm for specialty insurance distribution. Hagerty's investment portfolio totaled approximately 1.04 billion dollars as of December 31, 2025, predominantly consisting of fixed maturity securities held at its reinsurance subsidiary.