Hagerty Q3 2026 Earnings Call Transcript - Hagerty (NYSE:HGTY)

Hagerty (NYSE:HGTY) reported third-quarter 2026 results on Tuesday, including a 16% increase in written premiums for Q3 and an 18% rise over the first nine months. The company said it added 402,000 new members and lifted its 2026 profit outlook on strength from retention and improved underwriting. Hagerty also aims for 3 million policies by 2030. In Europe, the firm completed the acquisition of Bennetts, a UK motorcycle insurance broker, to expand its presence. Year-to-date adjusted EBITDA rose 43% to $257 million, aided by a $32 million reduction in estimated losses. Hagerty said it is investing in AI and technology to improve service efficiency, citing a 20% productivity improvement in its Member Service Center. The transcript begins with opening remarks and forward-looking statements.