Hagerty announced Jay Koval as its Senior Vice President of Investor Relations. In this newly created role, Koval will guide the development of the company's investor relations (IR) function for Hagerty. He will report to Chief Financial Officer Frederick J. Turcotte, collaborating closely with senior leaders across the company.

His focus will be to build relationships with the investment community and communicate the differentiated strategy that positions Hagerty to drive value creation over the coming years. Koval's wealth of investor relations expertise was cultivated from prior IR lead roles and more than two decades of capital markets experience. In addition to helping newly listed public companies develop their IR functions over the last three years, Koval created world-class IR programs at Brown-Forman, and Starwood Hotels and Resorts.

During his tenure at Brown-Forman from 2012 to 2019, strong multiple outperformance was achieved by simplifying the company's investor messaging and globalizing the shareholder base, resulting in a tripling of the company's market capitalization. At Starwood, Koval led the investor relations function from 2006 to 2012, helping the company achieve a first-place ranking among gaming and lodging companies by Institutional Investor magazine. Prior to his investor relations engagements, Koval worked as a buy-side analyst at Invesco Funds Group, as well as a sell-side analyst at Bank of America Securities.

Koval began his career on Wall Street working in investment banking at JP Morgan on their consumer/retail team.