Hagerty Investor Presentation Deck slide image

Hagerty Investor Presentation Deck

Millions Total Revenue Q1 2023 Commission + fee revenue¹ Membership, marketplace + other revenue Earned premium in Hagerty Reinsurance GROWTH 30% $167 $62 $16 $89 Q1 2022 $218 $75 $26 REVENUE COMPONENTS $117 Q1 2023 Growth 19% 63% 32% ¹ Includes base commissions, payment plan fees and contingent underwriting commissions. 2 Currently applies to U.S. and U.K. programs. Generally described as an arrangement where underwriting risk and profit is shared proportionately. Q1 2023 Highlights Commission + fee revenue (+19%) >> Written Premium growth 18% >> Policies in Force retention of 87.9% Membership, marketplace + other revenue (+63%) Membership revenue growth of 22% Marketplace delivered $7 million in revenue »> 77% of new insurance customers join HDC >> Earned premium in Hagerty Reinsurance (+32%) >> Contractual quota share² increased to ~80% in 2023 HAGERTY Q1 2023 | 8
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