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.
Key figures
- Revenue
- $312 million
- Guidance
- 2026 Written Premium growth 15% to 16%; Adjusted EBITDA $236M-$247M
- Revenue Yoy
- -5%
- Earned premium
- $240 million
- Adjusted ebitda
- $85 million
- Written premium
- $289 million
- Earned premium yoy
- 42%
- Adjusted ebitda yoy
- 77%
- Written premium yoy
- 18%
AI analysis
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