Hagerty Investor Presentation Deck
FORWARD LOOKING STATEMENTS / NON-GAAP FINANCIAL MEASURES
This presentation contains statements that constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include all statements that
are not historical facts. These forward-looking statements reflect our
current expectations and projections with respect to our expected future
business and financial performance, including, among other things: (i)
expected operating results, such as revenue growth and financial position;
(ii) changes in the market for our products and services; (iii) our plans to
expand market share, including planned investments and partnerships; (iv)
anticipated business objectives; and (v) the strength of our business model.
These statements may be preceded by, followed by, or include the words
"anticipate," "believe," "envision," "estimate," "expect," "forecast," "future,"
"goal," "intend,” “likely,” “outlook,” “plan,” “potential,” “project," “seek,”
"target," "can," "could," "may," "should," "would," "will," the negatives thereof
and other words and terms of similar meaning. A number of factors could
cause actual results or outcomes to differ materially from those indicated
by these forward-looking statements. These factors include, among
other things, our ability to: (i) compete effectively within our industry and
attract and retain members; (ii) maintain key strategic relationships with
our insurance distribution and underwriting carrier partners; (iii) prevent,
monitor and detect fraudulent activity; (iv) manage risks associated with
disruptions, interruptions, outages or other issues with our technology
platforms or our use of third-party services; (v) accelerate the adoption
of our membership products as well as any new insurance programs and
products we offer; (vi) manage the cyclical nature of the insurance business,
including through any periods of recession, economic downturn or inflation;
(vii) address unexpected increases in the frequency or severity of claims;
(viii) comply with the numerous laws and regulations applicable to our
business, including state, federal, and foreign laws relating to insurance and
rate increases, privacy, the internet and accounting matters; (ix) manage
risks associated with being a controlled company; and (x) successfully
defend any litigation, government inquiries and investigation. The forward-
looking statements herein represent our judgment as of the date of this
release and we disclaim any intent or obligation to publicly update or review
any forward-looking statement, whether as a result of new information,
future developments, or otherwise. This presentation should be read in
conjunction with the information included in our filings with the SEC and
press releases. Understanding the information contained in these filings is
important in order to fully understand our reported financial results and our
business outlook for future periods. In addition, this presentation contains
certain "non-GAAP financial measures". The non-GAAP measures are
presented for supplemental informational purposes only. Reconciliations to
the most directly comparable financial measure calculated and presented
in accordance with GAAP are provided in the appendix to this presentation.
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