Hagerty, Inc. (NYSE:HGTY) Q4 2022 Earnings Conference Call March 14, 2023 10:00 AM ET

Company Participants

Jay Koval - Senior Vice President, Investor Relations

McKeel Hagerty - Chief Executive Officer

Patrick McClymont - Chief Financial Officer

Conference Call Participants

Sidney Schultz - Raymond James

Paul Newsome - Piper Sandler

Pablo Singzon - JPMorgan

Operator

Greetings, and welcome to Hagerty Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jay Koval, Senior Vice President of Investor Relations. Thank you. You may begin.

Jay Koval

Thank you, operator. Good morning everyone and thank you all for joining us to discuss Hagerty's Results for the Fourth Quarter and Full-Year of 2022, as well as our outlook for 2023. I’m joined this morning by McKeel Hagerty, Chief Executive Officer; and Patrick McClymont, Chief Financial Officer.

During this morning's conference call, we will refer to an accompanying presentation that is available on Hagerty’s Investor Relations section of the company's corporate website at investor.hagerty.com. Our earnings release, accompanying slides and letter to stockholders covering this period are also posted on the IR website. Our 8-K filing is also available there along with our earnings press release and other materials.

Today's discussion contains forward-looking statements and non-GAAP financial metrics. As described further on Slide 2 of the earnings presentation, forward-looking statements include statements about our expected future business and financial performance and are not promises or guarantees of future performance. They are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from our expectations.

For a discussion of material risks and important factors that could affect our actual results, please refer to those contained in our filings with the SEC, which are also available on our Investor Relations website and sec.gov.

The appendix of the presentation also contains reconciliations of our non-GAAP metrics to the most directly comparable GAAP measures that are further supplemented by this morning's 8-K filing.

And with that, I'll turn the call over to McKeel Hagerty, our Founder and CEO.

McKeel Hagerty

Thanks, Jay, and good morning, everyone. We appreciate you taking the time to learn more about Hagerty's first year results as a public company. We have spent the last several decades building Hagerty into one of the most beloved consumer brands in the auto enthusiasts space. And we believe our affinity model uniquely positions us to provide our members with the products and services to help them enjoy their passion for fun cars and for driving.