Hagerty, an insurer of collector vehicles, has opened its first US regional office in Golden, Colorado.

The company celebrated with a ribbon cutting in partnership with the Golden Chamber of Commerce.

Hagerty CEO McKeel Hagerty said: “After researching several cities in the Western part of this county we chose Golden as the next location to support our business growth goals.

 "Golden has the ideal combination of a diverse workforce, friendly business environment and proximity to a major airport. Most importantly, it has a vibrant community of car enthusiasts."

Hagerty opened the Golden office to serve as a sales hub for licensed agents to handle the company's core insurance business functions.

Additional professional staff and executives will also be located at the location as it grows. The office is located at the Jefferson Office Park within the Jefferson County Government Center campus.

Golden office regional operations and field sales vice president and head Derek Prechtl said: “We have been warmly welcomed by the Golden community.

"From the Golden Chamber of Commerce to Red Rocks Community College and the Automotive & Motor Sport Library and Research Center, we have found great local partners and a great place to continue to grow well into the future."

Hagerty's Golden facility currently occupies 17,000 square feet with 60 employees. The company plans to continue to hire to fill the growing needs of the business.

With the future in mind, Hagerty secured the space with a ten-year lease and has the capacity to expand to 120 employees.

Aside from its core insurance business, Hagerty is also home to the largest network of classic car owners, publishes the largest-circulated collector car magazine, provides online Valuation Tools and proudly promotes the preservation of the collector car hobby.

With a more than 800 employees worldwide, Hagerty is headquartered in Traverse City, Michigan and has additional offices in Canada, the United Kingdom and Germany.