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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Net earned premium $ 252.0 $ 112.5 $ 464.6 $ 216.8
Ceding commission income 20.4 30.4 44.0 57.3
Net investment income 9.7 9.4 19.5 18.9
Commission and other income 12.3 11.8 24.3 22.3
Total revenue 294.4 164.1 552.4 315.3
Expense        
Loss and loss adjustment expense, net 154.0 77.5 287.3 162.9
Other insurance expense 26.7 21.4 50.8 47.5
Sales and marketing 77.7 59.6 143.8 102.8
Technology development 30.0 22.4 56.9 44.4
General and administrative 47.8 25.8 90.0 61.7
Total expense 336.2 206.7 628.8 419.3
Loss before income taxes (41.8) (42.6) (76.4) (104.0)
Income tax expense 1.6 1.3 2.8 2.3
Net loss (43.4) (43.9) (79.2) (106.3)
Other comprehensive loss, net of tax        
Unrealized (loss) gain on investments in fixed maturities (2.2) 0.4 (6.6) 1.6
Foreign currency translation adjustment 1.2 7.2 (0.1) 8.7
Comprehensive loss $ (44.4) $ (36.3) $ (85.9) $ (96.0)
Per share data:        
Net loss per share attributable to common stockholders—basic (usd per share) $ (0.56) $ (0.60) $ (1.03) $ (1.45)
Net loss per share attributable to common stockholders—diluted (usd per share) $ (0.56) $ (0.60) $ (1.03) $ (1.45)
Weighted average common shares outstanding—basic (in shares) 76,983,877 73,433,379 76,647,656 73,178,708
Weighted average common shares outstanding—diluted (in shares) 76,983,877 73,433,379 76,647,656 73,178,708