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Kemper to shift classics vehicle insurance book to Hagerty

Jul. 10, 2019 7:23 AM ETKemper Corporation (KMPR) StockBy: Liz Kiesche, SA News Editor
  • Under a marketing agreement, Kemper (NYSE:KMPR) will transfer its Classic Collectors book of business to Hagerty, a leader in the collector vehicle insurance market, and its underwriting carrier.
  • Kemper's Classics Collectors book of business had ~$16M in annual premium in 2018.
  • Kemper expects to continue new business sales of Classic Collector policies through October 31, 2019.

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