secwatch.observer — SEC 8-K summary
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Issuer:     Hagerty, Inc. (HGTY)
CIK:        0001840776
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001840776-26-000003
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hagerty amends Markel relationship; removes mutual exclusivity, extends term to Dec 2028, new reinsurance agreements
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- Sixth Amended Master Relationship Agreement executed Dec 31, 2025; removes mutual exclusivity provisions; extends term through Dec 31, 2028.
- Hagerty retains option to purchase Essentia Insurance Company, exercisable Jan 1, 2026–Jan 1, 2028.
- New General Agency and Quota Share agreements effective Jan 1, 2026; Hagerty Re assumes 100% risk on Essentia policies.
- Markel remains significant strategic partner; other administrative changes to agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840776/000184077626000003/0001840776-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840776/000184077626000003/hgty-20251231.htm
  HTML page:      https://secwatch.observer/filing/0001840776-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer