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Hagerty — Q3 2026 Earnings Summary

  • Year-to-date written premiums increased 18% and adjusted EBITDA rose 43% over the first nine months, marking 15 consecutive quarters of growth on key performance measures.
  • The company raised its full-year outlook citing favorable loss trends and remains on pace to reach its 2030 goal of 3 million policies, currently protecting 3.1 million vehicles.
  • Total auction sales reached an all-time high of $756 million at Monterey Car Week, with the second Zoute auction generating €36 million, a 35% year-over-year increase.
  • Strategic momentum includes a new partnership with Barrett-Jackson as the official insurance partner and the addition of over 400,000 new members since January, primarily driven by State Farm conversions.
  • Management anticipates a potential market "breather" at the top end of the price spectrum following the 2026 surge but maintains optimism regarding long-term support from generational demographic shifts.
Company
HAGERTY INC
Sector
Financial Services
Industry
Insurance - Property & Casualty