If you're from the US, I'm sure you know Hagerty—the world's largest provider of specialty insurance for classic vehicles. But if you're from the UK, Bennetts Insurance, which specializes in motorcycle insurance, will be far more familiar to you. Both companies share the fact that they're involved in automotive insurance, first and foremost, but have expanded into automotive media. Now, they're about to share a whole lot more.
Haggerty just announced that it bought Bennetts from Lucida Group for £34 million ($45.4 million). It's expected that the acquisition will be completed during the third quarter of 2026, when Bennetts will become part of Hagerty's portfolio. This will mark the third acquisition of Bennetts since 2015.
