---
schema_version: "secwatch.filing_event.v1"
accession: "0001840776-26-000019"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:54:07.899982+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hagerty Q1 net loss $13M on $89M transitional costs; written premium up 18%, EBITDA up 77%

## Summary
- Written premium rose 18% YoY to $289M; earned premium +42% to $240M on transition to 100% quota share.
- Net loss of $13M (incl. $89M Markel fronting transition costs) vs $27M net income in Q1 2025.
- Adjusted EBITDA up 77% to $85M; reaffirmed FY2026 written premium growth guidance of 15-16%.
- Policies in force: 1.8M (+15%); retention 88.5%; record 112K new policies added in quarter.
- Broad Arrow Auctions at The Amelia generated record $111M total sales with 92% sell-through rate.

## SEC filing metadata
- accession: 0001840776-26-000019
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000184077626000019/0001840776-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000184077626000019/hgty-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840776-26-000019
- JSON: https://secwatch.observer/filing/0001840776-26-000019.json
- Plain text: https://secwatch.observer/filing/0001840776-26-000019.txt

## Source-grounded claims
- claim_id: 4e873f562bd6a0dc52168ce52875d305cda89bad
  claim: Hagerty, Inc. reported financial results for fiscal quarter ended March 31, 2026.
  evidence_excerpt: On May 6, 2026, Hagerty, Inc. (the "Company") announced its financial results for the fiscal quarter ended March 31, 2026 by issuing a letter to its stockholders and a press release.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840776/000184077626000019/0001840776-26-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.