Headquartered in Traverse City, MI Fiscal year ends December NYSE: HGTY hagerty.com
Hagerty, Inc. (NYSE: HGTY) is an automotive enthusiast platform. It protects about 3.1 million vehicles in the United States, Canada and the UK.
Its businesses include:
- **Specialty vehicle insurance:** written through its MGA subsidiaries under partnerships including the Essentia book with Markel and State Farm.
- **Hagerty Re:** the company's reinsurer, which since January 1, 2026 assumes 100% of the premium and risk on U.S. policies written through the Markel Fronting Arrangement.
- **Broad Arrow:** live and digital collector-car auctions and private sales.
- **Broad Arrow Capital:** loans collateralized by collector cars.
- **Membership, media and events:** anchored by the Hagerty Drivers Club, which has over 977,000 paid members.
Revenue comes from earned premium, commission and fee revenue, marketplace revenue, membership and other revenue, and net investment income. Hagerty recently expanded into UK motorcycle insurance through its acquisition of Bennetts Motorcycling Services Limited, and it offers products including Enthusiast+. Updated
Two quarters of losses ended with a profit beating expectations, and management raised full-year adjusted EBITDA guidance to $305 million to $315 million from $270 million to $280 million. With the Markel transitional cost drag shrinking in Q4, reported numbers finally start matching the written premium growth underneath.
Hagerty, Inc. (NYSE: HGTY) is an automotive enthusiast platform. It protects about 3.1 million vehicles in the United States, Canada and the UK.
The Wall Street consensus 12-month price target for HGTY is $17.12.