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  "documentTitle": "Hagerty | Investor Presentation Deck | 18 slides",
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  "authorName": "Hagerty",
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  "presentationDate": "2023-11-01 00:00:00",
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      "text": "Total Revenue growth of 28%\nWritten Premium growth of 16%\nAdded over 200,000 new customers\nLaunched State Farm partnership in four states\nReceived financial strength rating of A- (Excellent) from AM Best\nMarketplace revenue of $25 million, growth of 210%\nSignificantly improved profitability\nNet Income of $19 million compared to $35 million\nAdjusted EBITDA of $78 million compared to $0 million",
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      "text": "1 Net Income in the prior year period included a $35 million revaluation gain and a $38 million change in fair value of warrant liabilities.\n2 See Appendix for additional information regarding this non-GAAP financial measure.\n3 Total revenue growth of 26-27% and Total Written Premium growth of 15-16% expected in 2023.",
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      "text": "INCREASED 2023 OUTLOOK\nDeliver sustained top-line momentum in 2023 with significantly improved profitability\nIN THOUSANDS | REVISED OUTLOOK | PRIOR OUTLOOK\nTotal Revenue | $992,000-$1,000,000 | $968,000-$1,000,000\nTotal Written Premium | $893,000-$901,000 | $878,000-$894,000\nNet Income | $2,000-$12,000 | ($12,000)-$8,000\nAdjusted EBITDA | $75,000-$85,000 | $60,000-$80,000",
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      "text": "YTD Q3 2023 HIGHLIGHTS",
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