{"schema_version":"secwatch.filing_event.v1","accession":"0001840776-24-000019","form_type":"8-K","ticker":"HGTY","cik":"0001840776","company_name":"Hagerty, Inc.","filed_at":"2024-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.913119+00:00","generated_at":"2026-06-04T23:22:16.022019+00:00","sec_items":["2.02","7.01","2.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Hagerty FY2023 revenue $1.0B (+27%), net income $28.2M; guides 15-17% revenue growth in 2024","bullets":["FY2023 total revenue $1.0B (+27% YoY); Q4 revenue $245M (+24%).","FY2023 net income $28.2M (vs $2.4M in 2022); Adjusted EBITDA $88.2M (vs -$1.9M).","Written premiums $907.2M (+17%); Policies retention 88.7% vs 88.0%; loss ratio improved to 41.5%.","2024 Outlook: total revenue growth 15-17%, net income growth 116-148%, Adj EBITDA growth 41-53%.","AM Best assigned A- (Excellent) rating to Hagerty Re; HDC paid members +8% to ~815k."],"urls":{"canonical":"https://secwatch.observer/filing/0001840776-24-000019","json":"https://secwatch.observer/filing/0001840776-24-000019.json","markdown":"https://secwatch.observer/filing/0001840776-24-000019.md","text":"https://secwatch.observer/filing/0001840776-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000019/0001840776-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000019/hgty-20240312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:22:16.022019+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":"583fc4757deb2301bc70d82d7182bb2fa687b9aa","claim":"Hagerty, Inc. reported the fiscal year ended December 31, 2023 results: revenue $1.0 billion. Guidance initiated.","evidence_excerpt":"full year 2023 Total Revenue increased 27% to $1.0 billion compared to the prior year periods.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000019/0001840776-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$1.0 billion"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"76b98b758b28bb34834731309408107f4fe2a2db","claim":"Hagerty, Inc. reported the fiscal quarter ended December 31, 2023 results: net income $9.0 million. Guidance initiated.","evidence_excerpt":"Fourth quarter 2023 Net Income of $9.0 million, an increase of $41.3 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840776/000184077624000019/0001840776-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended December 31, 2023"},{"label":"Net income","value":"$9.0 million"},{"label":"Guidance","value":"initiated"},{"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"}