Hagerty receives LOI from Markel for new fronting arrangement
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Hagerty receives LOI from Markel for new fronting arrangement

Hagerty Re will now assume 100% of the premium and 100% of the risk.

By Kyoung-son Song
July 24, 2025
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Specialty auto insurer Hagerty announced it has entered into a letter of intent (LOI) with Markel for a new fronting arrangement, whereby Hagerty Re will control 100% of the premium and 100% of the risk.

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Topics

News High net worth MGAs/MGUs Insurers Specialty lines Personal lines Personal auto Fronting Hagerty Markel
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