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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
Core Insights - Hagerty, Inc. has enhanced its insurance leadership team by appointing Adam Van Loon as Senior Vice President of Insurance Distribution and Jesse McKendry as Senior Vice President of Insurance Product [1][2] Company Strategy - The strategic hires are part of Hagerty's ongoing investment to expand its insurance capabilities, aiming to better serve its members and partners [2] - Van Loon will focus on accelerating growth through broker networks, agent networks, and partnerships while fostering a customer-first culture [3] - McKendry will drive improvements in insurance products, including development, pricing, underwriting, and reinsurance, leveraging data and customer insights [4] Leadership Background - Adam Van Loon has a background as Chief Partnerships Officer at Plymouth Rock Assurance and has experience with Chubb, Signal Mutual, and Bain & Company [3] - Jesse McKendry brings over two decades of experience from companies like GEICO, Lemonade, Metromile, and Progressive [4] Company Overview - Hagerty is a leading provider of specialty vehicle insurance and serves a community of nearly 890,000 automotive enthusiasts in the U.S., Canada, and the U.K. [5]
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]