17.22
-4.17%
Close of 9 Nov 2026, in USD
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About Hagerty
From its filings with the US Securities and Exchange Commission
Hagerty is based in Traverse City, Michigan and is incorporated in Delaware. Its shares trade on NYSE under the ticker HGTY. The SEC classifies its business as insurance agents, brokers & service. In the fiscal year to 31 December 2025, it reported revenue of $1.46bn and net income of $149.2m. At that date it held total assets of $2.09bn and shareholders' equity of $221.3m.
We are a market leader in providing insurance for collector cars and enthusiast vehicles, helping the automotive enthusiast community protect and enjoy their special cars for more than 40 years. Our insurance products are complemented by our membership product, Hagerty Drivers Club ("HDC"), our renowned car events, and our media and entertainment platforms. We also operate a trusted marketplace where collectors and enthusiasts can buy and sell a wide range of vehicles, from entry level enthusiast vehicles to high value collector cars. Together, our integrated automotive ecosystem fosters a vibrant community where enthusiasts connect, share their passion, and access resources that enhance their ownership experience. Our vision is to be the world's most trusted and preferred brand for automotive enthusiasts to insure, buy, sell, and enjoy their special cars.
Beginning with this Annual Report, we present our Consolidated Financial Statements in accordance with Article 7 of Regulation S-X, reflecting the continued expansion of our insurance operations, including expanded risk assumption under the Markel Fronting Arrangement and the introduction of Enthusiast+, as discussed under "Markel Alliance" and "Drivers Edge Insurance Company" below. In addition, we now operate our business and report our financial performance using two segments: Insurance and Marketplace. Our segments provide management with a comprehensive financial view of our key businesses, as well as a framework for timely and rational allocation of resources.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 9 Apr 2021
- Employees
- 1,891
- Head office
- 121 DRIVERS EDGE, TRAVERSE CITY, MI, 49684
- Incorporated in
- DE
- Classification
- Insurance Agents, Brokers & Service
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Mckeel HagertyChairman of the Board, Chief Executive Officer, since 2000$3.2m
- Mr. Patrick McclymontChief Financial Officer$2.9m
- Mr. Kenneth AhnPresident - Marketplace
- Mr. Jeffrey BrigliaPresident - Insurance
- Ms. Collette ChampagneChief Human Resources Officer, Chief Administrative Officer$3.3m
- Mr. Marc BurnsSenior Vice President of Brand and Marketing
- Mr. Jesse MckendrySenior Vice President - Insurance Product
- Mr. Adam Van LoonSenior Vice President - Insurance Distribution
- Mr. Russell PageChief Information Officer$1.6m
- Ms. Diana ChafeyChief Legal Officer, Corporate Secretary
- Mr. William SwansonLead Independent Director$214,883
- Mr. Randall HarbertIndependent Director$186,250
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hagerty Inc. provides automotive insurance services for classic cars and enthusiast vehicles.
- The company's portfolio includes Broad Arrow Group and Hagerty Drivers Club as key products.
- Hagerty Valuation Tools and Hagerty Media are part of the company's offerings in the financial data sector.
Weaknesses
- Hagerty Inc. has only one primary industry focus: Insurance within Financials.
- The company's employee count is 1,891, which is relatively small for a financial data site.
- Hagerty Inc. went public on April 9, 2021, indicating a recent IPO with limited market history.
Opportunities
- Hagerty's portfolio includes Motorlux and the Detroit Concours d'Elegance for expanding enthusiast engagement.
- The firm's automotive enthusiast platform connects with Hagerty Drivers Club subscribers and car enthusiasts.
- Hagerty DriveShare and Hagerty Garage + Social offer potential for new revenue streams.
Threats
- Hagerty's focus on classic cars and enthusiast vehicles limits market reach compared to broader insurance providers.
- The company's single industry sector (Insurance) makes it vulnerable to sector-specific risks.
- Hagerty's recent IPO in April 2021 may lead to increased scrutiny and volatility in financial performance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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