Hagerty Adds Senior Executives to Insurance Leadership Team in Support of Growth Strategy

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.

News Market Reaction

-1.38%

1 alert

-1.38% News Effect

On the day this news was published, HGTY declined 1.38%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TRAVERSE CITY, Mich., July 31, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, has strengthened its insurance leadership team with the addition of two experienced executives. Adam Van Loon has been named Senior Vice President of Insurance Distribution, and Jesse McKendry will serve as Senior Vice President of Insurance Product.  

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 North America. He will focus on accelerating healthy growth through broker networks, agent networks, and partnerships, all while strengthening a high-performing, customer-first culture. Most recently, Van Loon served as Chief Partnerships Officer at Plymouth Rock Assurance. He brings additional global leadership experience from Chubb, Signal Mutual, and Bain & Company.

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 Canada and the U.K. and is home to Hagerty Drivers Club, a community of nearly 890,000 who can't get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram, X and LinkedIn.

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SOURCE Hagerty

FAQ

Who are the new executives joining Hagerty's insurance leadership team?

Adam Van Loon joins as SVP of Insurance Distribution and Jesse McKendry as SVP of Insurance Product.

What is Adam Van Loon's role at Hagerty (NYSE: HGTY)?

As Senior Vice President of Insurance Distribution, Van Loon will lead Hagerty's insurance sales strategy across North America, focusing on growth through broker networks, agent networks, and partnerships.

What experience does Jesse McKendry bring to Hagerty?

McKendry brings over 20 years of experience from major insurance companies including GEICO, Lemonade, Metromile, and Progressive.

What are the main responsibilities of Jesse McKendry at Hagerty?

As SVP of Insurance Product, McKendry will oversee product development, pricing, underwriting, reserving, and reinsurance, focusing on expanding Hagerty's offerings through data and customer-driven insights.

What is the strategic significance of these new appointments for Hagerty?

These appointments reflect Hagerty's investment in expanding insurance capabilities to better serve members and partners, supporting the company's growth strategy.