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Hagerty Adds Senior Executives to Insurance Leadership Team in Support of Growth Strategy

1. Hagerty appointed two senior executives to enhance insurance leadership. 2. Adam Van Loon focuses on North America's insurance sales strategy. 3. Jesse McKendry will improve product development and innovation. 4. Hagerty aims to expand insurance capabilities for members and partners. 5. The changes signal growth and a customer-first approach in insurance.

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FAQ

Why Bullish?

The strategic hires can drive revenue growth by enhancing leadership, similar to past successes in insurance where new leadership positively influenced market performance.

How important is it?

Leadership changes in insurance can directly influence performance and market perception, indicating a promising future for HGTY.

Why Short Term?

Immediate impact expected from leadership changes as new initiatives are expected to launch soon.

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PGRLALL
, /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, has strengthened its insurance leadership team with the addition of two experienced executives. Adam Van Loon has been named Senior Vice President of Insurance Distribution, and Jesse McKendry will serve as Senior Vice President of Insurance Product.   These strategic hires reflect Hagerty's continued investment in expanding its insurance capabilities to better serve its members and partners. Van Loon and McKendry both bring experience in distribution strategy, product innovation, and growth execution. "Adam and Jesse are accomplished leaders with impressive track records of success, and their expertise will be instrumental through our next phases of growth," said Jeff Briglia, President of Insurance at Hagerty. "Their insights and leadership will enable us to extend our leadership position while delivering exceptional value for members." Van Loon will lead Hagerty's insurance sales strategy across North America. He will focus on accelerating healthy growth through broker networks, agent networks, and partnerships, all while strengthening a high-performing, customer-first culture. Most recently, Van Loon served as Chief Partnerships Officer at Plymouth Rock Assurance. He brings additional global leadership experience from Chubb, Signal Mutual, and Bain & Company. McKendry is responsible for driving continuous and transformational improvement for Hagerty's insurance products. This includes product development and implementation, pricing, underwriting, reserving, and reinsurance. His focus will be on expanding and evolving Hagerty's offerings through data and customer driven insights. McKendry brings to his role at Hagerty more than two decades of experience from GEICO, Lemonade, Metromile, and Progressive. For more information, visit newsroom.hagerty.com. About Hagerty (NYSE: HGTY)   Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of nearly 890,000 who can't get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram, X and LinkedIn. SOURCE Hagerty WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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