Hagerty, Inc.

Hagerty, Inc. is a market leader in providing insurance for collector cars and enthusiast vehicles, serving the automotive enthusiast community for over 40 years. The company's insurance products are supplemented by its membership product, Hagerty Drivers Club ("HDC"), car events, and media and entertainment platforms. Hagerty also operates a marketplace for collectors and enthusiasts to buy and sell vehicles, ranging from entry-level enthusiast vehicles to high-value collector cars. This integrated automotive ecosystem aims to connect enthusiasts and provide resources for their ownership experience. Beginning with this Annual Report, Hagerty presents its Consolidated Financial Statements in accordance with Article 7 of Regulation S-X, reflecting the expansion of its insurance operations, including expanded risk assumption under the Markel Fronting Arrangement and the introduction of Enthusiast+. The company operates its business and reports financial performance using two segments: Insurance and Marketplace. The first Hagerty company was founded in 1984. Hagerty, Inc., a Delaware corporation, was formed in 2020 and became a public company traded on the New York Stock Exchange ("NYSE") in 2021 under the ticker symbol HGTY.