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Hagerty to Participate in the KBW Insurance Conference on September 4th, 2025
Prnewswire· 2025-08-28 21:46
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]
Hagerty Announces Secondary Offering of its Class A Common Stock
Prnewswire· 2025-08-06 20:17
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].
Hagerty Adds Senior Executives to Insurance Leadership Team in Support of Growth Strategy
Prnewswire· 2025-07-31 20:15
McKendry is responsible for driving continuous and transformational improvement for Hagerty's insurance products. This includes product development and implementation, pricing, underwriting, reserving, and reinsurance. His focus will be on expanding and evolving Hagerty's offerings through data and customer driven insights. McKendry brings to his role at Hagerty more than two decades of experience from GEICO, Lemonade, Metromile, and Progressive. "Adam and Jesse are accomplished leaders with impressive trac ...
Hagerty Appoints Marc Burns as Senior Vice President of Brand and Marketing
Prnewswire· 2025-07-10 12:00
Company Overview - Hagerty, Inc. is a leading specialty vehicle insurance provider and automotive enthusiast brand, committed to preserving driving culture for future generations [4] - The company serves over 890,000 members in the Hagerty Drivers Club and operates in the U.S., Canada, and the U.K. [4] Leadership Change - Marc Burns has been appointed as the new Senior Vice President of Brand and Marketing, effective July 14, 2025 [1][2] - Burns brings over 20 years of experience in brand, marketing, and advertising, having previously worked at AT&T, BBDO, and Leo Burnett [3] Strategic Focus - In his new role, Burns will focus on integrating and elevating Hagerty's brand experience across all member touchpoints [2] - The company aims to double its policies in force by 2030, with Burns responsible for unifying brand and member engagement strategies [2] Brand Vision - Burns expressed enthusiasm about joining Hagerty, highlighting the company's strong connection to its community and its clear brand identity [4] - The company is recognized for its deep engagement with car enthusiasts, which is seen as a significant asset for future growth [4]
Motorlux Announces Bespoke Hospitality and Curated Vehicle Displays for Monterey Car Week Premier
Prnewswire· 2025-07-09 23:21
Core Insights - Motorlux will return on August 13, 2025, to kick off Monterey Car Week, blending car culture, luxury aviation, and elevated hospitality [1] - The event will feature three Michelin-starred chefs and tastings from over 40 acclaimed regional wines, enhancing the culinary experience [1] Event Highlights - The opening night will include a fashion-show-inspired event at the Broad Arrow Monterey Jet Center Auction, providing early access to a premier collector car sale [2] - Motorlux will showcase immersive automotive exhibits with curated food and drink pairings [2] - The auction will feature approximately 150 collector cars, with highlights including a 1962 Shelby 260 Cobra estimated at $1.5M to $2.0M and a 1991 Ferrari F40 estimated at $3.4M to $3.7M [3] Charitable Contributions - Motorlux supports the CHP 11-99 Foundation, aiding California Highway Patrol families in crisis, and benefits the Navy Postgraduate School Foundation [4] Company Background - Motorlux is organized by Hagerty, an automotive enthusiast brand focused on preserving car culture and providing specialty vehicle insurance, car valuation data, and auction services [5][6] - Hagerty operates in the U.S., Canada, and the U.K., serving a community of nearly 890,000 car enthusiasts [6][8] Special Exhibitions - The event will feature displays celebrating Porsche, Ford Mustang's 60th anniversary, a showcase of cars capable of reaching 200 mph, and a tribute to Mercedes-Benz designer Bruno Sacco [7]