{"schema_version":"secwatch.filing_event.v1","accession":"0001840776-23-000178","form_type":"8-K","ticker":"HGTY","cik":"0001840776","company_name":"Hagerty, Inc.","filed_at":"2023-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.950903+00:00","generated_at":"2026-06-07T08:15:13.204986+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Hagerty-Markel alliance amended; insurer acquisition delayed to 2026-2030, commission structure altered","bullets":["New Enthusiast Business definition removed from Restricted/Alliance Business, enabling third-party insurance opportunities.","Hagerty's option to acquire Essentia Insurance delayed: earliest 2026, latest 2030.","Five points moved from Contingent Underwriting Commission to base commission; CUC payments switch to monthly.","Sixth Amended LLC Agreement updates definitions to align with the Alliance Agreement changes."],"urls":{"canonical":"https://secwatch.observer/filing/0001840776-23-000178","json":"https://secwatch.observer/filing/0001840776-23-000178.json","markdown":"https://secwatch.observer/filing/0001840776-23-000178.md","text":"https://secwatch.observer/filing/0001840776-23-000178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000178/0001840776-23-000178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000178/hgty-20231218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T08:15:13.204986+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":"5225a1a82f94e88aea88e7f8fe1f73774cfb99ef","claim":"Hagerty, Inc. amended Fifth Amended and Restated Master Alliance Agreement with Markel Corporation (effective 2023-12-18).","evidence_excerpt":"On December 18, 2023, The Hagerty Group, LLC (\"OpCo\"), a subsidiary of Hagerty, Inc. (the \"Company\") entered into the Fifth Amended and Restated Master Alliance Agreement (the \"Alliance Agreement\") between OpCo, the Company, and Markel Corporation (\"Markel\"), which amended and restated the Fourth Amended and Restated Master Alliance Agreement, dated December 8, 2021, between the parties as described below.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840776/000184077623000178/0001840776-23-000178-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"collaboration"},{"label":"Counterparty","value":"Markel Corporation"},{"label":"Effective","value":"2023-12-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}