Hagerty, Inc. filings document the public-company record for a specialty vehicle insurance and automotive enthusiast business. Its reports include quarterly and annual results furnished on Form 8-K, Regulation FD materials, stockholder letters and disclosures about premium growth, policies in force, earned premium, profitability measures and insurance program economics.
Hagerty's filings also cover material agreements with Markel, including the completed fronting arrangement and related relationship and operating-company agreements. Proxy materials describe board composition, committee assignments, executive compensation, equity awards and shareholder voting matters, while other filings address Class A common stock registered on the New York Stock Exchange, secondary offering activity, insider and governance changes, and risk-related disclosure topics.
Hagerty, Inc. (HGTY) posted another growth quarter. Q2-25 revenue climbed 17.7% YoY to $368.7 million driven by double-digit gains across all lines: commission & fee +10.6%, earned premium +12.8%, and membership/marketplace/other +77.8%. Operating income rose 25.3% to $47.7 million as scale offset higher salaries (+11.0%) and sales expense (+40.4%). Net income improved 10.7% to $47.2 million; however, the large non-controlling interest share kept diluted EPS flat at $0.09.
Six-month results highlight sustained momentum. Revenue reached $688.3 million (+17.7%), operating income $73.4 million (+46.0%) and net income $74.5 million (+46.5%). Cash and cash equivalents grew to $140.3 million, while restricted cash rose to $190.3 million, taking total liquidity to $330.6 million. Total assets expanded 19% YTD to $2.04 billion. Leverage increased: long-term debt jumped 46% to $153.4 million, and operating cash flow fell 20% YoY to $97.7 million, reflecting higher working-capital needs (receivables, deferred acquisition costs). Preferred stock accretion and dividends ($7.5 million YTD) continue to weigh on Class A equity. Overall, Hagerty is growing rapidly in core MGA insurance and newer marketplace businesses, but investors should monitor rising expense intensity, leverage and cash-flow conversion.
Hagerty, Inc. (HGTY) – Form 144 filing
Robert I. Kauffman, acting through Aldel LLC, filed a Form 144 to sell up to 4,000 common shares (approx. $43,147) on or about 28 Jul 2025 via Merrill Lynch on the NYSE. The shares were originally acquired on 2 Dec 2021 in the PIPE financing that accompanied Hagerty’s de-SPAC business combination.
The notice also details 57 prior open-market sales from 24 Apr to 25 Jul 2025 totaling roughly 912,500 shares for cumulative proceeds of about $9–10 million, including a single block of 110,600 shares on 24 Jul 2025. Hagerty lists 90.7 million shares outstanding, so the disclosed sales represent just under 1 % of the public float.
While the additional 4 k-share sale is immaterial in isolation, the sustained pace and size of recent insider disposals could weigh on investor sentiment and near-term trading dynamics.