McKeel Hagerty

McKeel Hagerty, born December 9, 1967, is the CEO of Hagerty, a specialty provider of classic car insurance headquartered in Traverse City, Michigan.[1][2] He is a Co-Founder and General Partner at Grand Rapids, Michigan-based venture capital firm Grand Ventures.[3] He was the global board chairman for the Young Presidents' Organization (YPO) from 2016 to 2017.[4]

McKeel Hagerty
Born (1967-12-09) December 9, 1967
Education
OccupationCEO, Hagerty

Early life

In 1983, McKeel’s parents, Frank and Louise Hagerty, started Hagerty Insurance Agency in Traverse City, Mich. with a focus on collector wooden boats.[5] That same year, McKeel finished a three-year restoration of his first car with his father – a 1967 Porsche 911S.[6] McKeel started the restoration at the age of 13 with $500 in lawn mowing money that he had saved.[7]

By 18 years of age, McKeel earned his insurance license and was selling marine craft policies.[8] He had not planned on going into the family insurance business, studying philosophy and Russian Orthodox theology in the seminary.[8] McKeel holds BA in English and Philosophy from Pepperdine University in 1990, MA in Theology from Saint Vladimir’s Orthodox Theological Seminary in 1993 and studied graduate work at Boston College in Philosophy and Classic until 1995.[9]

In 1995, McKeel returned to Traverse City to take over the company with his sister Kim, expanding the company’s focus beyond wooden boats and into classic and collector cars.[5]

Career

In 1995, McKeel led the company as its vice president.[8] In 2000, McKeel became the CEO of Hagerty Insurance Agency, and he was first among classic car insurers to embrace the internet for online quoting and policy management.[10] That same year, he began serving as a judge at the Pebble Beach Concours d'Elegance for the Federation Internationale des Vehicles Anciens (FIVA) preservation class and was the youngest person ever to be asked to serve in such a role.[9]

In an effort to preserve historic vehicles and related artifacts as a lasting record, McKeel created the Historic Vehicle Association (HVA) in 2009, and in March 2013, the HVA entered into a collaboration with the U.S. Department of the Interior to develop the National Historic Vehicle Register.[11]

McKeel was presented with the Nicola Bulgari Award from America's Car Museum in 2014 for his outstanding contributions to preserving cars through education, restoration and collecting.[12]

In 2016, McKeel was elected by his peers to serve as global board chairman for Young Presidents' Organization (YPO) – the world’s largest CEO organization whose members run companies that employ 16 million people and generate $6 trillion in annual revenues. McKeel co-founded venture capital firm Grand Ventures[13] in 2017, and launched DriveShare by Hagerty, the nation's only peer-to-peer classic vehicle rental marketplace that same year.[14]

References

  1. "25 Classic Cars to Drive Before You Die". Town & Country Magazine. Retrieved March 9, 2018.
  2. "'Bullitt' Mustang, the auto world's lost treasure of 50 years, prepares for world tour". Chicago Tribune. Retrieved March 9, 2018.
  3. "Venture capital firm raising $50M fund". Grand Rapids Business Journal. Retrieved March 9, 2018.
  4. "McKeel Hagerty to lead Young Presidents Organization". Traverse City Record Eagle. Retrieved March 9, 2018.
  5. "Love your classic car? They'll insure it for you". New York Times. Retrieved March 9, 2018.
  6. "Getting personal with Hagerty's 1967 Porsche 911 S". Popular Mechanics. Retrieved March 9, 2018.
  7. "Over the Edge: Hagerty". MotorWeek. Retrieved March 9, 2018.
  8. "McKeel Hagerty". The Oklahoman. Retrieved March 9, 2018.
  9. "The Interview: McKeel Hagerty". The ClassicCars.com Journal. Retrieved March 9, 2018.
  10. "McKeel Hagerty". Bloomberg. Retrieved March 9, 2018.
  11. "Combining a "Best of the best list"". New York Times. Retrieved March 9, 2018.
  12. "America's Car Museum 2014 Nicola Bulgari Award Winner is McKeel Hagerty". The Auto Channel. Retrieved March 9, 2018.
  13. "Venture capital firm raising $50M fund". Grand Rapids Business Journal. Retrieved March 9, 2018.
  14. "Hagerty launches DriveShare, a classic car rental service". MotorTrend. Retrieved March 9, 2018.
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