Hagerty Inc. (NYSE:HGTY) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET

Company Participants

Jay Koval - Senior Vice President of Investor Relations
McKeel Hagerty - CEO & Director
Patrick McClymont - Chief Financial Officer

Conference Call Participants

Mark Hughes - Truist Securities
Pablo Singzon - JPMorgan

Operator

Greetings and welcome to the Hagerty First Quarter 2024 Earnings Call. This time, all participants are in a listen-only mode, and a question-and-answer session will follow the formal presentation. [Operator instructions] Please note this conference is being recorded.

At this time, I'll now turn the conference over to Jay Koval with Investor Relations. Mr. Koval, you may now begin.

Jay Koval

Thank you, operator. Good morning, everyone, and thank you for joining us to discuss Hagerty results for the first quarter of 2024. I'm joined this morning by McKeel Hagerty, Chief Executive Officer and Chairman and Patrick McClymont, Chief Financial Officer.

During this morning's conference call, we will refer to an accompanying presentation that is available on Hercules 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 8K 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 at 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 will turn the call over to McKeel.

McKeel Hagerty

Thanks, Jay, and good morning, everyone. We appreciate you taking the time to join Hagerty's first quarter of 2024 earnings call. The winter chill in Northern Michigan and across much of North America is behind us. Plants are blooming and cars are firing up as we begin the 2024 driving season. To us, it is the best time of the year.