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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