{"schema_version":"secwatch.filing_event.v1","accession":"0001840776-23-000113","form_type":"8-K","ticker":"HGTY","cik":"0001840776","company_name":"Hagerty, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.079274+00:00","generated_at":"2026-06-15T09:57:29.919593+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hagerty Q1 revenue up 30% to $218.4M; raises FY2023 Adj. EBITDA guidance to $55-75M","bullets":["Total revenue $218.4M (+30% YoY); written premium $182.9M (+18% YoY).","Net loss $(15.0)M vs prior year income $15.9M; adjusted EBITDA $6.7M vs $(6.0)M.","Raised FY2023 net income outlook to $(13)-$7M and Adj. EBITDA to $55-75M (prev. $40-60M).","Restructuring charge $5.5M; expected annual cost savings of $20-25M ($15M in 2023).","Marketplace revenue $5.8M from Broad Arrow; HDC paid members 768k (+6% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001840776-23-000113","json":"https://secwatch.observer/filing/0001840776-23-000113.json","markdown":"https://secwatch.observer/filing/0001840776-23-000113.md","text":"https://secwatch.observer/filing/0001840776-23-000113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000113/0001840776-23-000113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000113/hgty-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:57:29.919593+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4e41869bb1768c1f9f128e7c16f1a4d42663ba25","claim":"Hagerty, Inc. updated its three months ended March 31, 2023 guidance (raised).","evidence_excerpt":"On May 9, 2023, Hagerty, Inc. (the \"Company\") announced its financial results for the fiscal quarter March 31, 2023 by issuing a letter to its stockholders and a press release.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000113/0001840776-23-000113-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}