Hagerty, Inc. reported financial results for the second quarter and first half of 2026 on August 5, 2026. The company announced a revised full-year outlook, increasing Adjusted EBITDA guidance to $270–$280 million from a prior range of $236–$247 million. First-half written premium grew 19% year-over-year to $713 million, while policies in force reached 1.9 million. Reported net loss was $5 million for the first half due to $153 million in transitional costs related to moving to a 100% quota share arrangement with Markel; excluding these costs, Adjusted EBITDA grew 32% to $160 million. The company also disclosed the pending acquisition of Bennetts, the UK's second-largest specialty motorcycle insurer, for £34 million. Hagerty operates in the automotive enthusiast industry, providing specialty vehicle insurance, auctions, media, and membership services.
