Hagerty is a market leader in collector and enthusiast vehicle insurance, serving automotive enthusiasts across North America and Europe through an integrated ecosystem spanning insurance, marketplace, membership, and media platforms. The company's core business is insurance, where it operates as a Managing General Agent underwriting "Guaranteed Value" policies—covering vehicles at agreed-upon values rather than depreciated amounts—complemented by a membership program bundling roadside assistance, subscriptions, events, and valuation tools. Revenue comes primarily from insurance commissions and underwriting profits, with additional income from a marketplace segment featuring digital auctions and high-end sales through its Broad Arrow subsidiary, as well as financing, events, and media offerings that drive member engagement and brand awareness.