Hagerty, Inc. (HGTY) Misses Q4 EPS by 2c, Offers Guidance

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Hagerty Reports Full Year 2022 Results

March 14, 2023 7:00 AM EDT

Provides 2023 Outlook for 22-26% Total Revenue Growth

Fourth quarter 2022 Total Revenue increased 28% year-over-year to $197.0 million, and full year 2022 Total Revenue increased 27% year-over-year to $787.6 millionFourth quarter 2022 Written Premium increased 15% year-over-year to $162.0 million, and full year 2022 Written Premium increased 15% year-over-year to $776.7 millionDelivered $13.7 million in Marketplace full year 2022 revenue, fueled by the Broad Arrow Group acquisitionIncreased insurance Net Promoter Score (NPS) to 83 and achieved customer retention of 88%

TRAVERSE CITY, Mich., March 14, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE:... More