Hagerty grows NWP 16% in Q1 to $155mn, falls to $13mn operating loss

Published: Wed 20 Jul 2022

The operating loss at collectible car MGA Hagerty widened to $13mn in the first quarter, from $5.1mn last year, but the company grew total revenues by 30 percent to $168mn in the first quarter, and bumped its total written premium by 16 percent to $155mn.