Hagerty Insurance Holdings Inc. has agreed to an $18.4 million deal to acquire all outstanding capital stock of Consolidated National Insurance Co. from Everspan Insurance Co.
Tag: Hagerty
Hagerty Acquires Broad Arrow Group
Hagerty (HGTY), a leading specialty insurance provider focused on the global automotive enthusiast market, announced it has entered into a definitive agreement to acquire all outstanding shares of Broad Arrow Group, which specializes in the transactional segments of the collector car market. Earlier this year, Hagerty purchased approximately 40% of Broad Arrow Group (Broad Arrow)… Continue reading Hagerty Acquires Broad Arrow Group
Classic Car Insurance Provider Hagerty to Go Public Via $3B SPAC deal
Hagerty, which insures classic cars, has agreed to go public through a merger with SPAC Aldel Financial Inc in a deal that values it at $3.13 billion, the companies said on Wednesday. Hagerty provides insurance cover for collectible vehicles that are not driven daily, and offers lower prices than standard insurers. It says it has… Continue reading Classic Car Insurance Provider Hagerty to Go Public Via $3B SPAC deal
Ullico Partners with Hagerty to Offer Collector and Classic Car Insurance
Ullico is announcing a partnership with The Hagerty Group, LLC to offer Hagerty’s best-in-class insurance for classic, collector and enthusiast vehicles. “Hagerty is known for its dedication to serving automotive enthusiasts. Ullico is known for its dedication to serving the labor movement. Because many union members enjoy collecting, restoring and preserving vehicles, this partnership made… Continue reading Ullico Partners with Hagerty to Offer Collector and Classic Car Insurance
Kemper to Move its $16 Million Classic Collectors Auto Business to Hagerty
Kemper Corporation announced today that it has entered into a marketing agreement with Hagerty, a leader in the collector vehicle insurance market. Under this agreement, Kemper will work with appointed agencies to transfer its Classic Collectors book of business, which had approximately $16 million in annual premium in 2018, to Hagerty and its underwriting carrier.… Continue reading Kemper to Move its $16 Million Classic Collectors Auto Business to Hagerty
Hagerty Acquires MotorsportReg.com, North America’s Largest Motorsport Membership and Event Management System
As part of its ongoing commitment to investing in and growing the world of motorsports, Hagerty has purchased MotorsportReg.com, North America’s largest motorsport membership, licensing and event online management system. Created in 2003 as a prototype for a single car club in San Francisco, MotorsportReg.com automates event listings, registration and payment processing for all types… Continue reading Hagerty Acquires MotorsportReg.com, North America’s Largest Motorsport Membership and Event Management System