Grosse Pointe, Michigan, May 31, 2024 (GLOBE NEWSWIRE) -- Masterwork of Design – 1938 Talbot-Lago T150 C Lago Spéciale Teardrop CoupéHeadlines an Impressive Roster of Early Consignments for the 2024 Broad Arrow Monterey Auction May 31, 2024 – Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is delighted to announce it will present an outstanding design icon of remarkable and enduring beauty, the 1938 Talbot-Lago T150 C Lago Spéciale Teardrop Coupé by Figoni et Falaschi, estimated at $6,500,000 - $8,500, ...

TRAVERSE CITY, Mich., May 31, 2024 /PRNewswire/ -- Hagerty (NYSE: HGTY) announced today that Jeff Briglia has been named Hagerty's new President of Insurance, effective July 1, 2024, to lead all aspects of the company's insurance operations. Jeff Briglia "I am pleased to welcome Jeff to the Hagerty team as we continue to position the company for sustained profit growth," said McKeel Hagerty, Chief Executive Officer and Chairman of Hagerty. "Jeff has a proven track record of strategic change management acros ...

Grosse Pointe, MI, May 13, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Private Sales, a Hagerty Company, is thrilled to present the 1976 McLaren M23, chassis M23-12, a rare example of one of the most celebrated chassis to have come out of the McLaren Grand Prix factory, now available for purchase offered by Broad Arrow Private Sales, with pricing available upon request. An exquisite machine, it was driven exclusively in period by Jochen Mass in six Grand Prix events and includes points finishes in Spain and Monaco ...

Hagerty Inc. (NYSE:HGTY) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Jay Koval - Senior Vice President of Investor Relations McKeel Hagerty - CEO & Director Patrick McClymont - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities Pablo Singzon - JPMorgan Operator Greetings and welcome to the Hagerty First Quarter 2024 Earnings Call. This time, all participants are in a listen-only mode, and a question-and-answer session will follow the formal ...

Total Revenue growth of 24% Commission and Fee growth of 19% Written Premium growth of 19% » Added 59,000 new customers in the quarter Membership, Marketplace and other revenue growth of 18% » Marketplace growth of 58% Significantly improved profitability » Improved operating margin by 1,210 bps » Net Income1 of $8 million compared to $(15) million » Adjusted EBITDA2 of $27 million compared to $7 million ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _______ Commission file number: 001-40244 HAGERTY, INC. (Exact name of registrant as specified in its charter) Delaware 86-1213144 (State of incor ...

Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced a loss of $0.01, delivering no surprise. Over the last four quarters, the company has surpassed con ...

For Immediate Release Hagerty Reports First Quarter 2024 Results Reaffirms 2024 Outlook for Strong Growth and Margin Expansion • First quarter 2024 Total Revenue increased 24% year-over-year to $271.7 million • First quarter 2024 Written Premium increased 19% year-over-year to $218.3 million • First quarter 2024 Operating Income margin expanded by 1,210 bps compared to the prior year period • First quarter 2024 Net Income of $8.2 million, an increase of $23.2 million compared to the prior year period • Firs ...

Grosse Pointe, MI, April 30, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is pleased to announce the results for the exclusive Porsche-only auction in partnership with the first- ever Air|Water standalone event held this past Saturday, April 27th at the Orange County Fairgrounds in California. The auction consisted of 56 cars and 41 lots of memorabilia and saw strong attendance from both registered bidders and their guests alongside show spectators, resulting in a standing-r ...

Featured classes in Saturday's Concours de Sport include The Cars of Alejandro De Tomaso, Performance Station Wagons and Racecars of Thompson Speedway; Sunday Concours d'Elegance will feature Bertone, Porsche Carrera and Lamborghini TRAVERSE CITY, Mich., April 26, 2024 /PRNewswire/ -- The Greenwich Concours d'Elegance, an annual enthusiast motoring event, features a meticulously curated selection of vehicles, embodying the pinnacle of automotive design and engineering from May 31st to June 2nd in Greenwich, ...