TRAVERSE CITY, Mich., Feb. 18, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its fourth quarter 2024 financial results before the market opens on Tuesday, March 4, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or

Grosse Pointe, Michigan, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company (NYSE:HGTY), kicked off its 2025 auction calendar with the highly successful presentation of The Academy of Art University Collection Auction this past Saturday, February 15, at the University's Museum facilities in San Francisco. The Auction saw 105 of the collector car hobby's most desirable pre- and post-War classics sell under the Broad Arrow gavel—entirely without reserve—achieving $14.5 million in total sales before a packed auction room, in addition to hundreds of bidders both online and on the phones. Thomas Forrester, Broad Arrow's Auctioneer for Europe, presided over the sale, whi

Grosse Pointe, Michigan, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, has released the complete digital catalog for its upcoming third annual Amelia Auction, set for March 7-8, 2025, at The Ritz-Carlton Amelia Island. The catalog counts 169 lots (166 cars, 2 tractors, and 1 child's go-kart) and includes the latest featured consignments for the official auction of The Amelia, led by a host of sought-after supercars from the collector car hobby's top marques. Broad Arrow's team of car specialists has assembled a desirable lineup ranging from the world's first supercar to today's most advanced engineering marvels. The supercar group is led by an out

London, United Kingdom, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Broad Arrow, a Hagerty (NYSE:HGTY) company, is delighted to announce the expansion of its European and UK-based teams with the addition of renowned car specialists along with seasoned industry veterans focused on operations, client development, and marketing. Growing the company's specialist footprint throughout Continental Europe are Philip Kantor (based in Belgium), Gregory Tuytens (Belgium), Paul Gaucher (France), Daniele Turrisi (Italy), and Jean-Louis Baldanza (France), each well-regarded and highly experienced in the collector car industry. Furthermore, Valérie Simonet (France), Ryan Cigana (UK), and Simon Drake (UK) will join

Grosse Pointe, Michigan, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is delighted to announce the 1954 Jaguar D-Type Works Competition Car, chassis no. XKD 403, set to feature at its 2025 Amelia Auction, the official auction of The Amelia (Concours d'Elegance). Famously known as ‘OKV 2,' its Works number plate, the D-Type on offer is among the most important sports racing cars of all time and importantly will be offered without reserve at the March auction. Not only was it raced and tested by some of the most revered drivers of all time— Stirling Moss, Peter Walker, Tony Rolt, Peter Whitehead, Mike Hawthorne, Ivor Bueb, Ninian Sanderson, and Norma

Grosse Pointe, Michigan, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is thrilled to announce the consignment of what many consider to be one of the most original early Ferrari models extant to its inaugural Concorso d'Eleganza Villa d'Este Auction. Never before offered for public sale, the 1948 Ferrari 166 Spyder Corsa with Coachwork by Carrozzeria Ansaloni (Estimate: €5.500.000 - €7.500.000), is one of two examples purchased by the Besana brothers, Ferrari's earliest customers. Notably, the Spyder Corsa on offer, chassis number 004 C, finished sixth overall at the 1948 Targa Florio and is a veteran of the 1948 and 1949 Mille Miglia races, while a

A Car Lover's dreamscape, Reverie Celebrates 30 Years of The Amelia with Automotive-Themed Culinary Pairings and Immersive Experiences TRAVERSE CITY, Mich., Jan. 16, 2025 /PRNewswire/ -- Reverie, a new immersive hospitality experience, unfolds like a dream with an enchanting night under the stars celebrating 30 years of The Amelia at the award-winning Ritz-Carlton Amelia Island on Thursday, March 6, 2025. As an unforgettable event weekend opening, Reverie features exclusive, automotive-themed culinary pairings developed by Chef Zane Nesbit, Ritz-Carlton executive sous chef, as well as immersive entertainment.

Grosse Pointe, Michigan, Dec. 18, 2024 (GLOBE NEWSWIRE) -- 820 lots sold for total sales of $164 million with a 92 percent sell-through rateTop auction sale of 2024 is 1997 Porsche 911 GT1 Rennversion at $7,045,000 in Monterey86 cars sold via private sale transactions, totaling more than $67 millionUnderwrote approximately $84 million in new financing transactions 2024 auction results and information on upcoming events available at broadarrowauctions.com2024 year-in-review video available here: https://youtu.be/hHbI7d1RFsc Broad Arrow, a Hagerty (NYSE:HGTY) company, helped clients buy, sell, and finance collector cars resulting in nearly $316 million in total transactions across au

Grosse Pointe, Michigan, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is thrilled to announce a 1959 Ferrari 250 GT LWB California Spider Competizione with coachwork by Scaglietti, chassis no. 1451 GT, to headline its third Amelia Auction on March 7-8, 2025. Arguably the most significant example in existence today, the car is estimated to bring $10,000,000 to $14,000,000 when it crosses the block at the Ritz-Carlton Amelia Island in Florida. The second of only eight aluminum-bodied Ferrari 250 GT LWB California Spider Competizione examples ever produced, chassis no. 1451 GT boasts an impeccable Le Mans history and represents one of the most signi

Analysis Reveals Upward Trend for Vehicles from post-1980s vehicles TRAVERSE CITY, Mich., Dec. 9, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE:HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, today announced its 2025 U.S. Bull Market list, the eighth annual selection of enthusiast vehicles the company expects to increase in value over the next year. Hagerty Automotive Intelligence analyzed data from public and private sales, along with historic trends and insurance valuations to narrow down the list to 11 special vehicles. "It's a common mis

TRAVERSE CITY, Mich., Feb. 18, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its fourth quarter 2024 financial results before the market opens on Tuesday, March 4, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or

Third quarter 2024 Total Revenue increased 17% year-over-year to $323.4 million, and year-to-date 2024 Total Revenue increased 20% year-over-year to $908.3 millionThird quarter 2024 Written Premium increased 13% year-over-year to $287.6 million, and year-to-date 2024 Written Premium increased 16% year-over-year to $827.1 millionThird quarter 2024 Marketplace revenue increased 66% year-over-year to $21.6 million, and year-to-date 2024 Marketplace revenue increased 54% year-over-year to $38.3 millionThird quarter 2024 Loss Ratio of 60.0% (includes $24.7 million of pre-tax catastrophe losses related to Hurricane Helene) compared to 41.1% in the prior year period. Year-to-date 2024 Loss Ratio of

TRAVERSE CITY, Mich., Oct. 24, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free)

Increases 2024 Outlook for Revenue and Profit Growth Second quarter 2024 Total Revenue increased 20% year-over-year to $313.2 million, and year-to-date 2024 Total Revenue increased 22% year-over-year to $584.9 millionSecond quarter 2024 Written Premium increased 16% year-over-year to $321.2 million, and year-to-date 2024 Written Premium increased 18% year-over-year to $539.5 millionSecond quarter 2024 Operating Income margin expanded by 560 bps compared to the prior year period, and year-to-date 2024 Operating Income margin expanded by 840 bps compared to the prior year periodSecond quarter 2024 Net Income of $42.7 million, an increase of $27.1 million compared to the prior year period, and

TRAVERSE CITY, Mich., July 23, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its second quarter 2024 financial results before the market opens on Tuesday, August 6, 2024. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or

First quarter 2024 Total Revenue increased 24% year-over-year to $271.7 millionFirst quarter 2024 Written Premium increased 19% year-over-year to $218.3 millionFirst quarter 2024 Operating Income margin expanded by 1,210 bps compared to the prior year periodFirst quarter 2024 Net Income of $8.2 million, an increase of $23.2 million compared to the prior year periodFirst quarter 2024 Adjusted EBITDA (a non-GAAP measure) of $27.3 million, an increase of $20.6 million compared to the prior year periodDelivered Policies in Force Retention of 88.7% and achieved insurance Net Promoter Score of 82Reaffirmed 2024 Outlook for 15-17% Total Revenue growth, 116-148% Net Income growth and 41-53% Adjusted

TRAVERSE CITY, Mich., April 23, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its first quarter 2024 financial results before the market opens on Tuesday, May 7, 2024. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or (2

Fourth quarter 2023 Total Revenue increased 24% to $245.0 million, and full year 2023 Total Revenue increased 27% to $1.0 billion compared to the prior year periods.Fourth quarter 2023 Written Premium increased 19% to $192.9 million, and full year 2023 Written Premium increased 17% to $907.2 million compared to the prior year periods.Fourth quarter 2023 operating margin expanded by 1550 bps and full year 2023 operating margin increased by 960 bps compared to the prior year periods.Fourth quarter 2023 Net Income of $9.0 million, an increase of $41.3 million, and full year 2023 Net Income of $28.2 million, an increase of $25.8 million compared to the prior year periods.Fourth quarter 2023 Adju

TRAVERSE CITY, Mich., Feb. 27, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty insurance provider, today announced it will report its fourth quarter 2023 financial results before the market opens on Tuesday, March 12, 2024. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or (201) 6

TRAVERSE CITY, Mich., Oct. 11, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today announced it will report its third quarter 2023 financial results before the market opens on Wednesday, November 8, 2023. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the con