Kemper Corporation has entered into a marketing agreement with Hagerty, an insurer in the collector vehicle insurance market. Under the agreement, Kemper will work with appointed agencies to transfer its classic collectors book of business, which had approximately $16 million in annual premium in 2018, to Hagerty and its underwriting carrier.
“Hagerty is a great partner in that they're fully committed to the classic collector market and the agents that serve the market, and share our dedication to customer satisfaction,” said Duane Sanders, president of Kemper's property and casualty division. “This agreement will provide our agents with a seamless, efficient way to transfer their business to a market-leading classic collector insurance carrier. Equally important, it will allow Kemper to increase our focus and invest additional resources in our specialty and preferred markets.”
“This is a perfect marriage,” said McKeel Hagerty, chief executive officer of Hagerty. “Hagerty is known worldwide for its expertise, passion, and commitment in the classic car space. We can't wait to work with Kemper's outstanding agents and their clients.”
The Kemper classic collectors book of business provides classic vehicle insurance for all types of collector and specialty vehicles including antiques, exotics, tractors, and military vehicles. Kemper said in a statement that it expected to continue new business sales of classic collector policies through October 31, 2019.

