Hagerty (HGTY) 2025 Conference September 04, 2025 01:35 PM ET Speaker1Yep, we can jump into questions. Okay, all right, we're going to go ahead and get started here. My name is Tommy McJoint with KBW, and I'm joined by McKeel Hagerty of Hagerty, of course. To start us off, just to kind of introduce everyone to Hagerty, we have a video that we can start off with.Speaker6When we collect, we aren't just keeping things. We keep memories, visions, moments. Perfect Saturdays on perfect roads. We keep what drives ...

ASTON MARTIN VALKYRIE HYPERCAR COMMISSIONED BY DANIEL RICCIARDO TO HIS PERSONAL SPECIFICATION | AUCTION TO TAKE PLACE ON 10 OCTOBER 2025 IN COLLABORATION WITH ZOUTE GRAND PRIX CAR WEEK 2023 Aston Martin Valkyrie From the Collection of Daniel Ricciardo offered at Broad Arrow's Zoute Concours Auction in collaboration with Zoute Grand Prix Credit - Rich Pearce / Courtesy of Broad Arrow Auctions 2022 Aston Martin & Brough Superior Motorcycles AMB001 offered at Broad Arrow's Zoute Concours Auction in collabo ...

Company Overview - Hagerty, Inc. is an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market [1][3] - The company offers specialty vehicle insurance, expert car valuation data, live and digital car auction services, and automotive entertainment [3] - Hagerty operates in Canada and the U.K., and has a community of over 900,000 members in the Hagerty Drivers Club [3] Upcoming Event - Hagerty will present at the KBW Insurance Conference on September 4, 2025, at 1:35 p.m. ET [1] - The presentation will feature a fireside chat with CEO McKeel Hagerty and CFO Patrick McClymont discussing various topics [1] Accessibility of Presentation - The live presentation will be available online, and a replay will be accessible for 365 days on Hagerty's investor relations site [2]

Core Insights - Hagerty has launched the Hagerty Safe Storage Concierge service, providing secure storage for classic and enthusiast vehicles during severe weather at no additional cost for insured members [2][4] - The service is initially available in the Tampa and Miami metropolitan areas, allowing members to store their vehicles above the estimated surge line for five days [2][3] - The program is powered by Way's digital platform, facilitating seamless reservations and access to participating garages, with over 90% of surveyed customers expressing interest in the service [3][4] Company Overview - Hagerty is a leading provider of specialty vehicle insurance and automotive services, catering to over 900,000 car enthusiasts in the U.S., Canada, and the U.K. [5] - The company focuses on preserving car culture and offers various services, including expert car valuation data, live and digital auctions, and immersive automotive events [5] - Way.com is a FinTech platform trusted by over 9 million drivers, providing a tech-powered experience for car ownership and enabling consumers to protect their vehicles and finances [6]

TRAVERSE CITY, Mich., Aug. 25, 2025 /PRNewswire/ -- Motorlux, a Hagerty event, once again delivered the iconic opening night for Monterey Car Week on Wednesday, August 13, welcoming a sold-out gathering of 4,250 to its curated installations of world-class cars, breathtaking aviation displays and unparalleled fine cuisine.Guests enjoyed more than 275 collector cars, 15 aviation displays and an elevated culinary experience all staged on the Monterey Jet Center tarmac. Highlights included: Motorlux Hosts M ...

Core Insights - Broad Arrow Auctions achieved a total sales figure of $57.4 million during its 2025 Monterey Jet Center auction, with 80% of all lots sold, marking a significant increase in bidder registration by over 20% compared to 2024 [1][3][4] Auction Highlights - The auction set at least eight new record prices, led by the sale of a 2005 Maserati MC12 Stradale for $5,202,500, surpassing the previous record of $3,800,000 for the model [2][4][7] - Other notable sales included a 2008 Koenigsegg CCXR at $3,222,500, a 1980 BMW M1 Procar at $1,600,000, and a 2009 Mercedes-Benz SLR McLaren Prototype "Stealth" at $1,022,500, all setting new records for their respective models [7][9] Market Trends - The auction results reflect a strong demand for modern collectibles, indicating a generational shift in the collector car market, with a notable interest in Japanese collector cars, including a 1999 Nissan Skyline CRS GT-R V-Spec sold for $692,500 [3][4][9] - The top 10 sales at the auction included iconic models such as a 1967 Ferrari 275 GTB/4 at $2,562,500 and a 1955 Mercedes-Benz 300 SL Gullwing Coupe at $1,902,500, demonstrating robust interest in both modern and classic vehicles [9][10] Future Events - Broad Arrow Auctions plans to expand its auction schedule with three new events in 2025, including the inaugural Zoute Concours Auction in Belgium and the debut Las Vegas Auction, indicating a strategic growth in its global footprint [15][18]

Core Insights - Hagerty (NYSE: HGTY) has experienced a price increase of approximately 20% since May, outperforming the S&P 500, which has risen by 10% during the same period [1] Company Performance - The stock's performance has been strong, indicating positive market sentiment towards Hagerty [1] Investment Philosophy - The article emphasizes the importance of knowledge compounding in investment decisions and suggests that timing stock purchases is not a reliable strategy [1]

Core Viewpoint - Broad Arrow Auctions, a Hagerty company, is set to feature a rare 1956 Jaguar D-Type at its inaugural Zürich Auction on November 1, 2025, which is expected to attract significant interest from collectors due to its pristine condition and unique history [1][3][8]. Auction Details - The auction will take place at the Dolder Grand hotel in Zürich, in partnership with Auto Zürich [3]. - The Jaguar D-Type, chassis XKD 551, is one of only 71 produced and has never been used in competitive motorsport, enhancing its desirability among collectors [2][8]. Vehicle History - Chassis XKD 551 was sold to its first owner in October 1957 and was converted to semi-XKSS specification, later returning to its original configuration in the 1970s [4][5]. - The car has been meticulously cared for by its current Swiss owner since 1994, with significant investments made in its preservation, including a rebuild of the original engine [5][6]. Collectibility and Value - The Jaguar D-Type is accompanied by various historical documents, including FIA Historical Identity Form and FIVA Identity Card, making it eligible for prestigious historic racing events [6]. - The estimated auction price for the D-Type is between CHF 5,250,000 and CHF 6,250,000 [8]. Company Background - Broad Arrow Auctions is a leading global collector car auction house, founded in 2021, and has rapidly expanded its presence in the auction market [9]. - The company has launched several auctions in Europe and is known for its high-quality offerings to collectors and enthusiasts [9].

Core Viewpoint - Hagerty, Inc. announced a secondary offering of 9,700,000 shares of its Class A Common Stock at a public price of $9.34 per share, with an additional option for underwriters to purchase up to 1,455,000 shares [1][2]. Group 1: Offering Details - The offering is being conducted by Hagerty Holding Corp. and Aldel LLC, with the expected closing date around August 11, 2025, pending customary closing conditions [1]. - Hagerty will not receive any proceeds from this offering, as the Selling Stockholders will bear the underwriting discounts and commissions [2]. - The net proceeds from the sale of shares by HHC will be used for the redemption of a corresponding number of its shares for the benefit of the estate of Kim Hagerty [2]. Group 2: Underwriters and Management - Keefe, Bruyette & Woods and J.P. Morgan are acting as representatives of the underwriters and lead bookrunning managers for the offering, with additional managers including BMO Capital Markets, Citizens Capital Markets, and Wells Fargo Securities [2]. Group 3: Company Overview - Hagerty is a leading provider of specialty vehicle insurance and automotive enthusiast services, catering to over 67 million car enthusiasts in the U.S. and operating in Canada and the U.K. [8]. - The company also offers expert car valuation data, live and digital auction services, and has a community of over 900,000 members in the Hagerty Drivers Club [8].

Core Viewpoint - Hagerty, Inc. announced a secondary public offering of 8,700,000 shares of its Class A Common Stock, with an additional option for underwriters to purchase up to 1,305,000 shares [1][2]. Company Overview - Hagerty is a leading specialty vehicle insurance provider and automotive enthusiast brand, serving over 900,000 members in its Hagerty Drivers Club and catering to the 67 million Americans who identify as car enthusiasts [9]. Offering Details - The proceeds from the sale will not benefit Hagerty directly; instead, they will be used by the Selling Stockholders for a redemption related to the estate of Kim Hagerty [2]. - The underwriting team includes Keefe, Bruyette & Woods, J.P. Morgan, BMO Capital Markets, Citizens Capital Markets, Wells Fargo Securities, and Oppenheimer & Co. [2]. Regulatory Information - Hagerty has filed a registration statement with the SEC for the offering, which includes a prospectus that potential investors should review for complete information [3].