secwatch.observer — SEC 8-K summary
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Issuer:     Hagerty, Inc. (HGTY)
CIK:        0001840776
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001840776-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hagerty FY2025 revenue up 17% to $1.46B, net income +91%, guides 15-16% WP growth in 2026
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- Full year 2025 total revenue $1,456M (+17% YoY); written premium $1,194M (+14%); net income $149M (+91%).
- Adjusted EBITDA $237M (+46%); combined ratio for Hagerty Re improved to 86.6% from 94.1%.
- Record 371K new members added; MarketPlace revenue surged 119% to $119M on European expansion.
- 2026 outlook: written premium growth 15-16%; new Markel arrangement to capture 100% underwriting economics starting Jan 1, 2026.
- State Farm Classic+ program now in 27 states; Liberty Mutual partnership expected to drive growth in 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840776/000184077626000010/0001840776-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840776/000184077626000010/hgty-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001840776-26-000010

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