Hagerty Inc Highlights Growth and New BMW Partnership

An announcement from Hagerty Inc Class A ( (HGTY) ) is now available.

On March 4, 2025, Hagerty Inc announced an investor presentation on its website, highlighting its significant growth since joining the New York Stock Exchange three years ago. The company has nearly doubled its revenue to $1.2 billion and added 767,000 new members over three years, driven by its strong brand and service excellence. Hagerty’s strategic focus includes expanding partnerships, enhancing customer service, and increasing market share in the collectible car insurance sector. The company also announced a new partnership with BMW AG for an auction event at the prestigious Concorso d’Eleganza Villa d’Este in 2025, signaling its growing influence in the European auction market.

More about Hagerty Inc Class A

Hagerty Inc Class A operates in the insurance industry, primarily offering insurance and protection services for collectible cars. The company also provides a range of automotive services and products, including the Hagerty Drivers Club, automotive media content, events, auctions, and valuation data. Hagerty has established strong partnerships with major car insurance companies and maintains a network of 25,000 independent agents and brokers, focusing on the collectible car market in the U.S.

YTD Price Performance: 2.43%

Average Trading Volume: 50,920

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.45B

See more data about HGTY stock on TipRanks’ Stock Analysis page.