Hagerty, Inc. (NYSE:HGTY) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET

Company Participants

Jason Koval - Head, IR

McKeel Hagerty - CEO

Patrick McClymont - CFO

Conference Call Participants

Mark Hughes - Truist

Sidney Schultz - Raymond James

Paul Newsome - Piper Sandler

Pablo Singzon - JPMorgan

Operator

Greetings, and welcome to Hagerty's Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. A 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, Head of Investor Relations. Thank you. You may begin.

Jason Koval

Thank you, operator. Good afternoon, ladies and gentlemen, and thank you for joining us for Hagerty's Third Quarter 2022 Earnings Conference Call. Please note that this call will be simultaneously webcast on the Investor Relations section of the company's corporate website at investor.hagerty.com. Our earnings release accompanying slides and quarterly letter to stockholders covering this period are also posted on the IR website.

Joining the call today are McKeel Hagerty, Chief Executive Officer; and Patrick McClymont, Chief Financial Officer.

Before we start, I would like to remind you that the discussion today may contain statements related to our business that can be considered forward-looking, including statements concerning our expected future business and financial performance, our ability to maintain existing and acquire new members, our plans to expand market share, including investments and partnerships, expectations regarding key operational metrics and other statements regarding our plans and prospects.

Forward-looking statements are often identified with words such as we expect, we anticipate, we believe or similar expressions. These statements reflect our view as of today, November 10, and should not be considered our views as of any subsequent date. We do not undertake any obligation to update or revise any forward-looking statements.

Forward-looking statements are not promises or guarantees of future performance and 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 other important factors that could affect our actual results, please refer to those contained in our filings with the SEC, which are available on Hagerty 's Investor Relations website and at sec.gov.

Finally, during today's call, we will refer to certain non-GAAP financial measures. A discussion of these non-GAAP financial measures, along with a reconciliation to the most directly comparable GAAP measure is included in our press release, investor deck and Form 10-Q. Copies of which can be found on the Investor Relations section of our website and on the SEC's website at sec.gov. Unless otherwise noted in today's call, all comparisons are on a year-over-year basis.