{"schema_version":"secwatch.filing_event.v1","accession":"0001840776-23-000143","form_type":"8-K","ticker":"HGTY","cik":"0001840776","company_name":"Hagerty, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.657424+00:00","generated_at":"2026-06-12T02:49:19.883440+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Hagerty Q2 revenue up 27% to $261.2M; raises FY2023 outlook on strong written premium and margin expansion","bullets":["Q2 revenue $261.2M (+27% YoY); adjusted EBITDA $34.4M vs $16.1M; net income $15.5M vs -$5.5M loss.","Written premium +16% to $275.9M; earned premium +35%; membership/marketplace revenue +44% to $23.6M.","Raised $105M from Markel, State Farm, Hagerty family for growth investments and technology.","FY2023 guidance raised: revenue growth 23-27% (prev 22-26%), adj EBITDA $60-80M (prev $55-75M).","State Farm Classic+ partnership launch expected fall 2023 in four states."],"urls":{"canonical":"https://secwatch.observer/filing/0001840776-23-000143","json":"https://secwatch.observer/filing/0001840776-23-000143.json","markdown":"https://secwatch.observer/filing/0001840776-23-000143.md","text":"https://secwatch.observer/filing/0001840776-23-000143.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000143/0001840776-23-000143-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000143/hgty-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:49:19.883440+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":"a531a0ff5d5027758facc842f95b2653e06a904b","claim":"Hagerty, Inc. reported three and six months ended June 30, 2023 results: revenue $261.2 million, net income $15.5 million. Guidance raised.","evidence_excerpt":"Hagerty Reports Second Quarter 2023 Results Increases 2023 Outlook • Second quarter 2023 Total Revenue increased 27% to $261.2 million compared to the prior year period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000143/0001840776-23-000143-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and six months ended June 30, 2023"},{"label":"Revenue","value":"$261.2 million"},{"label":"Net income","value":"$15.5 million"},{"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"}