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Hagerty shares details from its earnings call for the second quarter of 2026.

ResultsRead the original at Benzinga
Good for HGTY

Hagerty added a record number of members, grew written premiums through new business, and raised its year forecast. Reported revenue fell and it posted a loss because of accounting changes tied to Markel, but customer growth and adjusted profit gains point to a stronger business.

HGTY · Hagerty

AI read · Good for HGTY

The AI's read

More customers are choosing Hagerty, and new business—not higher prices—drove premium growth. Its adjusted profit grew with scale and cost control, and it raised its year forecast. Reported revenue fell and the company recorded a loss, but the call links both to accounting changes under its Markel arrangement.

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