Hagerty, Inc. (HGTY) Hagerty, Inc. operates globally, serving as an insurance agency that specializes in policies for automobiles and boats, in addition to offering reinsurance products. Beyond its core insurance offerings, the company provides a suite of services and platforms: Hagerty Media distributes content through its HDC Magazine, various video productions, and a dedicated YouTube channel. HDC (Hagerty Drivers Club) is a subscription service that grants members access to the HDC Magazine, exclusive automotive events, proprietary vehicle valuation tools, emergency roadside assistance, and special vehicle-related discounts. HVT (Hagerty Valuation Tools) allows customers to access both current and historical pricing data for collector vehicles such as cars, trucks, SUVs, and motorcycles. Hagerty Events organizes a wide variety of gatherings, from intimate meetings to large-scale productions. DriveShare functions as a peer-to-peer platform for renting out classic and unique vehicles. MotorsportReg is an online system that streamlines membership, licensing, and event management for motorsports, automating aspects like event listings, registration processes, and payment collection. Hagerty Garage + Social furnishes clubhouses and secure storage facilities for vehicles. The company's primary operations are based in Traverse City, Michigan.
Sector: Insurance Agents, Brokers & Service
Industry: Insurance - Property & Casualty
Hagerty, Inc. NYSE:HGTY Financial Services · Insurance - Property & Casualty
Pre Pre-market $18.80 Close $17.97 0.00% AH $17.97 Now $18.80
Close $17.97 -2.12% AH $17.97 +4.62% since
Press Release ● Major ⚠ 3
Hagerty Reports Third Quarter 2026 Results; Increases 2026 Growth Outlook
Hagerty reported strong Q3 2026 results with year-to-date written premium of $1,099 million, up 18% year-over-year, and a record 402,000 new members added, bringing policies in force to 1.9 million.
Q3 Adjusted EBITDA rose 64% to $97 million and YTD Adjusted EBITDA rose 43% to $257 million, while reported revenue fell 9% to $354 million due to the accounting impact of the Markel Fronting Arrangement, which eliminated commission revenue as Hagerty now retains 100% of premium economics. GAAP Q3 EPS was $0.08 with adjusted diluted EPS of $0.10.
The company raised its full-year 2026 outlook -- Net Income guidance doubled to $48-60 million from $18-30 million, and Adjusted EBITDA was raised to $305-315 million from $270-280 million -- citing momentum in written premium, 83% YTD growth in auction sales, and the run-off of ~$199 million in one-time transitional costs by year end.
• 6d ago AI analysis › Press Release
Ferrari Supercars Dominate Broad Arrow’s Record-Setting $92.8 Million Auction in Partnership with Concours at Wynn Las Vegas
Broad Arrow Auctions, a Hagerty (HGTY) subsidiary, posted $92.8 million in total sales at its 2026 Las Vegas Auction — the highest-grossing collector car auction ever held in Las Vegas.
The sale saw a 76% sell-through rate, a 63% increase in registered bidders over 2025, and 10 world record prices, led by an $18.7 million 1997 Ferrari F50.
The results reinforce Hagerty's live-auction growth strategy ahead of its Zürich sale and a 2027 Paris debut, though auction revenue remains a modest contributor to Hagerty's overall business.
• 6d ago AI analysis › Press Release
Broad Arrow Brings Supercar Heaven to October 31 Auction in Partnership with Concours at Wynn Las Vegas
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) subsidiary, released the full catalog for its October 31 Las Vegas Auction at Wynn Las Vegas, its second year as official auction partner of the Concours at Wynn Las Vegas.
The 86-car lineup leans toward modern hypercars, topped by a 1997 Ferrari F50 estimated in excess of $20 million and a 2025 Ferrari Daytona SP3 estimated at $16-18 million.
The release is promotional marketing for a Hagerty-owned auction business; no financial results or material business changes are disclosed.
• 16d ago AI analysis › Press Release
BROAD ARROW PRESENTS A STUNNING SELECTION OF CURATED COLLECTOR CARS AT ITS SECOND ZÜRICH AUCTION
Hagerty's Broad Arrow Auctions will hold its second Zürich Auction at the Dolder Grand, as the official auction partner of the Auto Zürich motor show.
The inaugural auction achieved CHF 22 million in total sales with an 87% sell-through rate, and the company expects the 2026 catalogue to surpass those figures.
Headline lots include a Mercedes-Benz SLR McLaren Stirling Moss (est. CHF 2.5-3.0M), a Ferrari LaFerrari without reserve (est. CHF 5.5-7.5M), and David Hasselhoff's K.I.T.T. tour car. The release is promotional catalogue marketing with no new financial disclosure for Hagerty.
• 19d ago AI analysis › Press Release
Hagerty to Report Third Quarter 2026 Results and Host Conference Call on Tuesday, November 3, 2026
Hagerty, Inc. announced it will report third quarter 2026 financial results before the market opens on Tuesday, November 3, 2026.
The company will host a conference call at 10:00 am Eastern Time that day, with a live webcast available on its investor relations website.
This is a scheduling announcement only and contains no financial results or guidance.
• 19d ago AI analysis › Press Release
BROAD ARROW DELIVERS SPECTACULAR FERRARIS ACROSS GLOBAL MARKETS AS SUPERCAR AND HYPERCAR DEMAND CLIMBS
Hagerty's Broad Arrow Auctions announced a headline Ferrari lineup for its second annual Las Vegas Auction on October 31, led by a 2025 Ferrari Daytona SP3 estimated at $16-18 million.
Hagerty analysis shows modern supercars now account for 38 percent of the global collector car auction market and hypercars 32 percent, with demand driven largely by desirable Ferrari models.
Broad Arrow's second annual Zürich Auction follows on November 7, with two no-reserve Ferraris including a LaFerrari estimated at CHF 5.5-7.5 million, reinforcing the company's momentum in the high-end collector segment.
• 23d ago AI analysis › Press Release
Broad Arrow Reveals 106-Mile Ferrari F50 for Second Annual Auction in Partnership with Concours at Wynn Las Vegas
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) subsidiary, revealed a 1997 Ferrari F50 showing just 106 miles as the star lot for its second annual Las Vegas Auction on October 31 at Wynn Las Vegas.
The F50, one of only 349 built, is estimated to bring in excess of $20 million, and the sale will feature more than 75 collector cars in partnership with the Concours at Wynn Las Vegas.
The release is promotional rather than financial, though it underscores the strength of the collector-car auction market that drives Hagerty's auctions segment.
• 24d ago AI analysis › Press Release
BROAD ARROW ZOUTE CONCOURS SALE BECOMES THE HIGHEST GROSSING COLLECTOR CAR AUCTION IN BELGIAN HISTORY
Broad Arrow Auctions, a Hagerty subsidiary, held its second annual Zoute Concours Auction in Knokke-Heist, Belgium, generating €34.6 million in total sales with a 91% sell-through rate.
The result is the highest grossing collector car auction in Belgian history, with registered bidders up more than 44% versus 2025 and bidders from 33 countries.
A 2015 Ferrari LaFerrari topped the sale at €5.181.250, a Belgian auction record for any collector car, underscoring momentum in Hagerty's high-end auction business.
• 28d ago AI analysis › Press Release
Drop the Needle, Pop the Clutch: Mix Master Mike to Headline a Free Set at RADwood NorCal
Hagerty's RADwood festival returns to the San Francisco Bay Area on October 24, 2026, with a new free-to-attend evening format headlined by Beastie Boys DJ Mix Master Mike.
The event, presented by Goodyear, will feature full-throttle driving demonstrations at Gold Bar Hangar in Alameda and a new Y2K-era 'Millenia' vehicle class.
The release is brand marketing for Hagerty's enthusiast events business and contains no financial metrics or material business developments.
• 0mo ago AI analysis › Press Release
SERIOUSLY COOL CARS WITH EXCEPTIONAL PROVENANCE AT BROAD ARROW’S 2026 ZOUTE LIVE AND ONLINE AUCTIONS
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) subsidiary, previewed its second annual Zoute Concours Auction on 9 October 2026 in Knokke-Heist, Belgium, plus the Global Icons: Zoute Online sale open 5-14 October.
Headline lots include a one-of-one 2000 BMW M5 W10 Prototype commissioned by Ferdinand Piëch (€250,000-€350,000 estimate) and a 1955 Mercedes-Benz 300 SL Gullwing (€1.7M-€2M estimate), alongside cars owned by royalty and sporting stars.
The release is marketing collateral supporting Hagerty's auctions business; it contains no financial results, guidance, or corporate developments.
• 1mo ago AI analysis › Press Release
Broad Arrow’s Inaugural Audrain Concours Auction Offers Exceptional Cars for Enthusiasts of All Kinds
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) subsidiary, released the full catalog for its inaugural Audrain Auction on October 2 at the International Tennis Hall of Fame in Newport, Rhode Island.
The sale features 65 lots with 75 percent offered without reserve, marking Broad Arrow's debut as official auction partner of the Audrain Newport Concours & Motor Week and its first Northeast U.S. auction.
Headline lots include a 1914 Stutz 4E Bearcat estimated at $1.75-$2.0 million and a matching-numbers 1956 Mercedes-Benz 300 SL Gullwing estimated at $1.6-$1.8 million.
The release is brand promotion rather than a financial disclosure, though it underscores Hagerty's auction-segment expansion strategy.
• 1mo ago AI analysis › Press Release
Reliving Rad - The OG Celebration of '80s and '90s Cars and Culture is Back! RADwood NorCal Returns on October 24th
Hagerty's RADwood returns to the San Francisco Bay Area on October 24, 2026, at Gold Bar Hangar in Alameda, presented by Goodyear.
The event debuts a free-to-attend evening format with a new full-throttle driving exhibition called Wheels in Motion and a new 'Millenia' class covering 2000-2010 cars.
Admission is free with registration, with early entry at 3 p.m. for Hagerty Drivers Club members; the release is brand marketing rather than a financial disclosure.
• 1mo ago AI analysis › Press Release
ULTRA-RARE MCA CENTENAIRE, MONACO’S FIRST SUPERCAR, OFFERED AT BROAD ARROW’S 2026 ZOUTE CONCOURS AUCTION
Broad Arrow Auctions, the collector-car auction house driven by Hagerty (NYSE: HGTY), will offer an ultra-rare 1990 MCA Centenaire — Monaco's first supercar and the first of just five produced — at its Zoute Concours Auction on 9 October 2026 at the Approach Golf in Knokke-Heist, Belgium.
The car is the world's first road-going supercar with a carbon fibre chassis, powered by a Lamborghini-supplied 5.2-litre V12 producing 455 horsepower, and carries an auction estimate of €900,000 to €1,200,000.
Originally retained by the Lamborghini factory and displayed at Rétromobile 2007, this first-built example comes from the same collection as the Lamborghini Pregunta concept that Broad Arrow sold at its inaugural 2025 Zoute Concours Auction.
For Hagerty, the announcement is catalogue marketing for its Broad Arrow auction calendar rather than a financial disclosure; a single ~€1 million consignment is immaterial to the company's results.
• 1mo ago AI analysis › Press Release
‘HOLY TRINITY’ LEADS EXCITING HYPERCARS AND SUPERCARS AT BROAD ARROW’S SECOND ANNUAL ZOUTE CONCOURS AUCTION
Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), will offer the famed 'Holy Trinity' of hypercars — the Ferrari LaFerrari, McLaren P1, and Porsche 918 Spyder — at its second Zoute Concours Auction on 9 October 2026 in Knokke-Heist, Belgium.
The 2015 Porsche 918 Spyder with Weissach Package carries an estimate of €2,600,000-€3,000,000 and is the only known European-delivery example finished in the historic Individualfarbe Sport Classic Grey; the sale catalogue spans more than 70 collector cars.
Further highlights include a 2005 Porsche Carrera GT estimated at €2,700,000-€3,300,000, a 2010 Ferrari 599 GTO, a 2022 Ferrari 812 Competizione, a 2020 Ferrari 488 Pista Piloti, a 1984 Lamborghini Countach 5000 S, and a 1992 Jaguar XJ220.
The marquee consignments bolster Hagerty's fast-growing auction segment, though the release is promotional in nature and contains no financial results or guidance.
• 1mo ago AI analysis › Press Release ⚠ 1
A True Driver’s Ferrari Enzo to Lead Broad Arrow’s Second Annual Las Vegas Auction
Broad Arrow Auctions, the collector-car auction business driven by Hagerty (NYSE: HGTY), will feature a 2003 Ferrari Enzo estimated at $6,500,000-$8,500,000 at its second annual Las Vegas Auction on October 31 at Wynn Las Vegas.
The inaugural 2025 edition generated over $13.7 million in total sales with an 82 percent sell-through rate, topped by a 2010 Bugatti Veyron that sold for $2,205,000 — a then world record for the model.
Roughly 70 collector cars are planned this year; the headline Enzo is Ferrari Classiche certified, has covered less than 18,000 miles, and was freshly serviced in March 2026 at a cost exceeding $10,000.
The release is promotional and carries no financial guidance, though the high-value consignment and prior-year results offer a modest early read on Hagerty's fourth-quarter auction revenue.
• 1mo ago AI analysis › Press Release ⚠ 3
Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock
Hagerty (NYSE: HGTY) priced an upsized secondary offering of 9,250,000 Class A shares at $11.95 per share, with all shares sold by affiliate Hagerty Holding Corp.
Hagerty itself receives no proceeds; Hagerty Holding Corp will use its net proceeds to redeem a corresponding number of its HHC shares for the benefit of the Kim Hagerty Revocable Trust, making this a family monetization rather than a company capital raise.
Underwriters hold a 30-day option on up to 1,387,500 additional shares, and the deal is expected to close on or about September 11, 2026, led by Wells Fargo Securities and J.P. Morgan.
• 1mo ago AI analysis › Press Release ⚠ 3
Hagerty Announces Secondary Offering of its Class A Common Stock
Hagerty Holding Corp., the Hagerty family holding vehicle, intends to sell 8,250,000 shares of Hagerty Class A common stock in an underwritten secondary offering, with a 30-day underwriters' option for up to 1,237,500 additional shares.
Hagerty itself receives no proceeds from the sale; the selling stockholder bears the underwriting discount and will use net proceeds to redeem HHC shares for the benefit of the Kim Hagerty Revocable Trust.
Wells Fargo Securities and J.P. Morgan are lead bookrunning managers, and the registration statement is already effective with the SEC. The transaction expands the public float and creates near-term supply pressure without changing Hagerty's fundamentals.
• 1mo ago AI analysis › Press Release
BROAD ARROW PRESENTS ULTIMATE PERFORMANCE CARS AT ITS SECOND ANNUAL ZÜRICH AUCTION
Broad Arrow Auctions, the collector-car auction house owned by Hagerty (NYSE: HGTY), returns to the Dolder Grand in Zürich on 7 November 2026 for its second annual sale in partnership with Auto Zürich, presenting approximately 60 collector cars.
Headliners include a Swiss-delivered 2019 McLaren Senna estimated at CHF 1.1-1.4 million, a 2015 Ferrari LaFerrari offered without reserve with a CHF 5.5-7.5 million estimate, and a 2011 Lamborghini Gallardo LP570-4 Superleggera estimated at CHF 135,000-155,000.
The release is promotional marketing for Hagerty's live auction franchise — no financial results or guidance were disclosed — but the no-reserve LaFerrari is a marquee European consignment for the growing Broad Arrow platform.
• 2mo ago AI analysis › Press Release
Ferrari Enzo Tops Broad Arrow’s Record-Setting $97.4 Million Debut of The Quail Auction
Broad Arrow Auctions, a subsidiary of Hagerty, set a company record with $97.4 million in total sales at its inaugural Quail Auction during Monterey Car Week, achieving an 85% sell-through rate.
The event was headlined by the sale of a 2003 Ferrari Enzo for $10.7 million, alongside eight new world auction records for models including the Bugatti W16 Mistral and the Porsche 959 Komfort.
Management noted strong bidder interest and a generational shift in collecting, with over 1,400 registered bidders participating in the two-day sale.
• 2mo ago AI analysis › Press Release
Broad Arrow Private Sales Presents Rare Lexus LFA Nürburgring Package and Marc Philipp Gemballa Marsien at The Quail by The Peninsula, A Motorsports Gathering
Broad Arrow, a subsidiary of Hagerty, announced the private sale offering of a rare Lexus LFA Nürburgring Package and a 2021 Marc Philipp Gemballa MARSIEN, to be showcased at The Quail by The Peninsula event.
The Lexus LFA Nürburgring Package is one of only 64 units produced, while the MARSIEN is a modified Porsche 911 Turbo S limited to 40 examples; both vehicles represent ultra-high-end collectible inventory.
This announcement accompanies Broad Arrow’s inaugural Quail Auction, which will feature 185 collector cars and marks a significant catalog expansion for the auction house.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
Hagerty Reports Second Quarter 2026 Results
Hagerty reported strong Q2 operational growth, with written premium increasing 19% year-over-year to $425 million and year-to-date Adjusted EBITDA jumping 32% to $160 million, despite reporting a net loss due to $153 million in transitional costs associated with the Markel Fronting Arrangement.
Management significantly raised its full-year 2026 outlook, now targeting Adjusted EBITDA of $270 million to $280 million, up from the prior range of $236 million to $247 million, while guiding for written premium growth of 16% to 17%.
The company added a record 279,000 new members in the first half of the year, reaching 1.9 million policies in force, and announced plans to welcome Bennetts, the UK's second largest specialty motorcycle insurance broker, to the Hagerty family in the third quarter.
• 3mo ago AI analysis › Press Release
Broad Arrow Reveals 2003 Ferrari Enzo Offered Without Reserve as Final Star in its 185-Car Catalog for The Quail Auction
Broad Arrow, Hagerty's auction subsidiary, announced the final headlining lot for its inaugural Quail Auction: a 2003 Ferrari Enzo estimated at $9 million to $11 million offered without reserve.
The two-day sale taking place August 13 and 14 in Carmel, California, will feature 185 collector cars, representing Broad Arrow's most valuable catalog since its founding in 2021.
Management highlighted the catalog's focus on exclusive supercars and modern classics, noting a generational shift in the collector market toward younger buyers seeking rare specifications.
• 3mo ago AI analysis › Press Release
Broad Arrow Adds Striking Bugatti Mistral to List of Extreme Modern Hypercars set for The Quail Auction
Broad Arrow, a subsidiary of Hagerty, announced the consignment of a 2025 Bugatti W16 Mistral to its inaugural Quail Auction, estimated at $8-10 million.
The auction lineup also features other hypercars like the Hennessey Venom F5, McLaren Senna, and Ferrari F12tdf, alongside an ex-Ayrton Senna Ralt RT3 race car.
The event is scheduled for August 13-14 in Carmel, California, as part of The Quail by The Peninsula, A Motorsports Gathering.
• 3mo ago AI analysis › Press Release
Hagerty to Report Second Quarter 2026 Results and Host Conference Call on Wednesday, August 5, 2026
Hagerty announced it will report its second quarter 2026 financial results before the market opens on Wednesday, August 5, 2026.
The company will host a conference call at 10:00 am Eastern Time to discuss the results, with a live webcast available on its investor relations website.
Hagerty specializes in insurance products for driving enthusiasts and operates the Hagerty Drivers Club, a membership community for car lovers.
• 3mo ago AI analysis › Press Release
RUF SCR Mary Stuart Leads Exceptional RUF, Porsche, and Singer Collector Cars at Broad Arrow’s Inaugural Edition of The Quail Auction
Broad Arrow Auctions, a subsidiary of Hagerty, announced the consignment lineup for its inaugural Quail Auction scheduled for August 13-14, 2026.
The auction will feature nearly 200 vehicles, headlined by the one-of-six RUF SCR 'Mary Stuart' and a Porsche 918 Spyder offered without reserve.
Additional highlights include multiple Singer commissions and rare Porsche models, positioning Broad Arrow to attract high-net-worth collectors during Monterey Car Week.
• 3mo ago AI analysis › Press Release
Broad Arrow Presents 40 Influential Mercedes-Benz Youngtimer Cars from The Patina Collective via its Global Icons Online Auction Series
Broad Arrow Auctions, a subsidiary of Hagerty, announced the first North American installment of its Global Icons Online Auction Series featuring 40 Mercedes-Benz Youngtimer cars from The Patina Collective.
The offering includes rare, high-value models such as a 1993 500 E AMG 6.0 and a 1986 560 SEC ABC-Exclusive Widebody, all to be sold without reserve.
Bidding is scheduled from August 10-21, representing a standard operational milestone for the company's auction platform.
• 3mo ago AI analysis › Press Release
Broad Arrow Features Red-Hot Collectible Ferraris at its Inaugural Edition of The Quail Auction
Broad Arrow Auctions, a subsidiary of Hagerty, announced the lineup for its inaugural Quail Auction, featuring approximately 175 collector cars.
The event highlights several high-value modern Ferraris, including a 2015 458 Speciale A estimated at $2.2M-$2.5M and a 2020 488 Pista Spider estimated at $1.4M-$1.6M.
Hagerty Intelligence data indicates modern collectible Ferrari values have risen 16.3% since April 2026, signaling strong market activity for the segment.
• 4mo ago AI analysis › Press Release ● Major
Hagerty Agrees to Acquire Bennetts to Become #2 Specialty Motorcycle Insurance Broker in the United Kingdom
Hagerty agreed to acquire Bennetts, the UK's #2 specialty motorcycle insurance broker, from Lucida Group for £34 million ($43 million USD).
The transaction is expected to close in Q3 2026, immediately tripling Hagerty's UK revenue to approximately £25 million while being accretive from day one.
Bennetts brings a 15% market share and 100,000 community members, aligning with Hagerty's enthusiast-focused business model.
• 4mo ago AI analysis › Press Release
The 1965 Ford Mustang America Fell in Love with Inducted into National Historic Vehicle Register
The Hagerty Drivers Foundation inducted a 1965 Ford Mustang convertible from the 1964-1965 New York World's Fair into the National Historic Vehicle Register as the 38th vehicle.
This announcement coincides with the opening of Ford Motor Company's "Driving America Forward" exhibit in Washington, D.C., where the vehicle is on public display through July 14.
Documentation of the historic car, underwritten by Ford, will be permanently archived in the Library of Congress by the U.S. Department of the Interior's Historic American Engineering Record.
• 4mo ago AI analysis › Press Release
BROAD ARROW ANNOUNCES ITS INAUGURAL PARIS AUCTION TO BE HELD DURING RÉTROMOBILE WEEK 2027 IN PARTNERSHIP WITH THE PENINSULA PARIS
Broad Arrow Auctions, driven by Hagerty, announced its inaugural Paris Auction will take place on February 3, 2027, at The Peninsula Paris during Rétromobile Week.
The event is held in partnership with the luxury hotel and will feature a curated selection of collector cars, with public previews scheduled for February 1-3.
Broad Arrow continues to expand its European footprint, also announcing upcoming auctions at Zoute Concours in October 2026 and Zürich in November.
• 4mo ago AI analysis › Press Release
Four Gold Telly Awards Presented to Hagerty, the Automotive Insurer That Built a World-Class Content Studio
Hagerty announced it won four Gold Telly Awards in 2026 for its in-house produced automotive content, bringing its all-time total to 26.
The awards recognize excellence in documentary series, video journalism, visual effects, and cinematography for shows hosted by Jason Cammisa.
The company highlighted its scale, noting it insures 2.9 million vehicles and serves a Drivers Club with nearly one million members and a magazine with 2.2 million readers.
• 5mo ago AI analysis › Press Release
Hagerty Strategic Group of Lake Ridge, Virginia is thrilled to announce its new Editorial Services Division, led by authors Sean Hagerty and Leigh Stroh
globenewswire.com • 5mo ago Press Release
The Greenwich Concours Celebrates 30th Anniversary with Rare Automotive Icons and Coastal Luxury Experiences
Hagerty announced the 30th anniversary of the Greenwich Concours, a three-day premier motoring event featuring over 300 rare and iconic automobiles in Greenwich, Conn.
The event honors Grand Marshal Paul Russell and will display historically significant vehicles, including a 1962 Ferrari 250 GTO and a 1938 Bugatti Type 57SC Atlantic.
Attendees can participate in Hagerty Ride & Drives with partners like BMW and Rivian, while the event also supports local charities through a Junior Judging program.
• 5mo ago AI analysis › Press Release ⚠ 3
Hagerty Reports First Quarter 2026 Results; Reaffirms 2026 Growth Outlook
Hagerty reported strong Q1 operational growth with written premiums increasing 18% to $289 million and earned premiums up 42% to $240 million.
Adjusted EBITDA surged 77% to $85 million, driven by the completed strategic transition to assume full control of the Markel program and retain 100% of premium.
Despite a reported GAAP net loss of $13 million due to $89 million in transitional costs, the company reaffirmed its 2026 outlook for 15-16% written premium growth.
• 6mo ago AI analysis › Press Release
Porsche 918 Spyder Weissach Tops Broad Arrow’s $20 Million Air|Water Auction
Broad Arrow Auctions, driven by Hagerty, achieved record results at its third annual Porsche Air|Water Auction with $20 million in total sales and an 84 percent sell-through rate.
The event was headlined by a 2015 Porsche 918 Spyder Weissach package selling for $4.68 million, while a modern RUF SCR and Singer-reimagined 911s also secured seven-figure bids.
Notably, nearly 50 percent of bidders were new participants, signaling robust expansion in Hagerty's collector car marketplace ahead of its upcoming Lake Como sale.
• 6mo ago AI analysis › Press Release
Hagerty to Report First Quarter 2026 Results and Host Conference Call on Wednesday, May 6, 2026
Hagerty announced it will report its first quarter 2026 financial results before the market opens on Wednesday, May 6, 2026.
The company will host a conference call at 10:00 am Eastern Time that day to discuss the results, with a live webcast available on its investor relations website.
Hagerty provides specialty insurance for driving enthusiasts and currently protects 2.8 million vehicles across the United States, Canada, and the UK.
• 6mo ago AI analysis › Press Release
BROAD ARROW AUCTIONS SETS NEW BENCHMARK FOR GORDON MURRAY AUTOMOTIVE T.50 WITH $8.035 MILLION RESULT ON THE CALIFORNIA MILLE
Broad Arrow Auctions, a subsidiary of Hagerty, sold a 2025 Gordon Murray Automotive T.50 for $8.035 million during the California Mille event.
The sale establishes a new benchmark for the model, with proceeds benefiting the California Highway Patrol 11-99 Foundation and McPherson College.
Broad Arrow continues its auction schedule later this month with a single-marque Porsche Air|Water Auction in Southern California.
• 6mo ago AI analysis › Press Release
Motorlux Pairs Global Culinary Inspiration with Legendary Car Classes for Monterey Car Week's Iconic Opening Night
Hagerty announced the featured classes for Motorlux 2026, the opening night of Monterey Car Week returning on August 12 following a sold-out 2025 event.
The immersive evening will feature six themed automotive and culinary experiences, including tributes to French, British, Italian, and Japanese motoring heritage, alongside a display of rare aircraft.
Broad Arrow will remain integrated to preview auction vehicles, while Hagerty Drivers Club members are offered exclusive early access to the event.
• 6mo ago AI analysis › 
