• Hagerty agreed to buy UK motorcycle insurance broker Bennetts from Lucida Group for £34 million ($43 million).
• Closing targeted for Q3 2026; transaction expected to be immediately accretive.
• Deal adds a broker with about 15% UK motorcycle insurance market share, positioning Hagerty as the UK’s No. 2 specialty motorcycle insurance broker.
• Acquisition expected to triple Hagerty’s UK revenue to about £25 million.
• Bennetts’ portfolio is 92% enthusiast riders; it also operates the Bike Social community with 100,000 members.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hagerty Inc. published the original content used to generate this news brief on July 02, 2026, and is solely responsible for the information contained therein.