Hagerty Adds Senior Executives to Insurance Leadership Team in Support of Growth Strategy
Hagerty (NYSE: HGTY), a specialty vehicle insurance provider and automotive enthusiast brand, has announced two key executive appointments to strengthen its insurance leadership team.
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Rhea-AI Summary
Hagerty (NYSE: HGTY), a specialty vehicle insurance provider and automotive enthusiast brand, has announced two key executive appointments to strengthen its insurance leadership team. Adam Van Loon joins as Senior Vice President of Insurance Distribution, while Jesse McKendry takes the role of Senior Vice President of Insurance Product.
Van Loon, formerly Chief Partnerships Officer at Plymouth Rock Assurance, will lead insurance sales strategy across North America, focusing on growth through broker and agent networks. McKendry, bringing experience from GEICO, Lemonade, and other major insurers, will oversee product development, pricing, and underwriting initiatives.
Positive
- Strategic strengthening of leadership team with experienced executives from major insurance companies
- Expansion of insurance capabilities through new expertise in distribution and product development
- Focus on growth through broker networks and partnerships indicates potential market expansion
Negative
- None.
Details
News Market Reaction – HGTY
The recorded move for HGTY in the trading session of this news was -1.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
These strategic hires reflect Hagerty's continued investment in expanding its insurance capabilities to better serve its members and partners. Van Loon and McKendry both bring experience in distribution strategy, product innovation, and growth execution.
"Adam and Jesse are accomplished leaders with impressive track records of success, and their expertise will be instrumental through our next phases of growth," said Jeff Briglia, President of Insurance at Hagerty. "Their insights and leadership will enable us to extend our leadership position while delivering exceptional value for members."
Van Loon will lead Hagerty's insurance sales strategy across
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.
For more information, visit newsroom.hagerty.com.
About Hagerty (NYSE: HGTY)
Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in
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SOURCE Hagerty
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