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Hagerty HGTY Marketplace — Underwriting and other insurance expenses
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept hgty:UnderwritingAndOtherInsuranceExpenses.
The source filing: Hagerty’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 1:40 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001840776-26-000031
| REVENUES: | Insurance / (in thousands) | Marketplace / (in thousands) | Total / (in thousands) |
|---|---|---|---|
| EXPENSES: | |||
| Losses and loss adjustment expenses, net | 110,709 | — | 110,709 |
| Policy acquisition costs, net | 83,641 | — | 83,641 |
| Underwriting and other insurance expenses | 62,947 | — | 62,947 |
| Selling, general, and administrative expenses | 55,931 | 38,984 | 94,915 |
| Interest expense and other, net | (1,103) | (106) | (1,209) |
| Total segment expenses | 312,125 | 38,878 | 351,003 |
| Segment income before taxes | 2,767 | 1,052 | 3,819 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's marketplace — underwriting and other insurance expenses?
- Hagerty (HGTY) reported marketplace — underwriting and other insurance expenses of $0 in Q2 2026.
- What does marketplace — underwriting and other insurance expenses mean?
- Covers the operational costs directly associated with the underwriting process, including policy administration, processing, and other insurance-related overhead. This metric helps evaluate the operational efficiency of the segment's insurance business. It excludes claims-related costs and focuses on the expense of maintaining the insurance infrastructure.
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