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Goodwill and Intangible Assets, net (Tables) | 9 Months Ended
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Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The carrying amount of goodwill by reporting unit as of September 30, 2020 was as follows:
($ in thousands) |  | September 30, 2020 |  |  |  |  |  |
Property and Casualty |  | $ | 9,460 |  |  |  |  |  |  |
Supplemental |  | 19,621 |  |  |  |  |  |  |
Retirement |  | 10,087 |  |  |  |  |  |  |
Life |  | 9,911 |  |  |  |  |  |  |
Total |  | $ | 49,079 |  |  |  |  |  |  |
Summary of finite-lived intangible assets | As of September 30, 2020 the outstanding amounts of definite-lived intangible assets subject to amortization were as follows:
($ in thousands) |  | Weighted Average |  |
|  | Useful Life (in Years) |  |
At inception: |  |  |  |
Value of business acquired |  | 30 |  | $ | 94,419 |
Value of distribution acquired |  | 17 |  | 53,996 |
Value of agency relationships |  | 14 |  | 16,981 |
Value of customer relationships |  | 10 |  | 9,080 |
Total |  | 23 |  | 174,476 |
Accumulated amortization: |  |  |  |
Value of business acquired |  |  |  | (9,113) |
Value of distribution acquired |  |  |  | (4,355) |
Value of agency relationships |  |  |  | (3,417) |
Value of customer relationships |  |  |  | (2,835) |
Total |  |  |  | (19,720) |
Net intangible assets subject to amortization: |  |  |  | $ | 154,756 |
Future amortization expense | Estimated future amortization of the Company's definite-lived intangible assets were as follows:
($ in thousands) |  |
Year Ending December 31, |  |
2020 (excluding the nine months ended September 30, 2020) |  | $ | 3,558 |
2021 |  | 13,411 |
2022 |  | 12,433 |
2023 |  | 11,577 |
2024 |  | 10,805 |
Thereafter |  | 102,972 |
Total |  | $ | 154,756 |
Summary of indefinite-lived intangible assets | Indefinite-lived intangible assets (not subject to amortization) as of September 30, 2020 were as follows:
($ in thousands) |  |
Trade names |  | $ | 8,645 |
State licenses |  | 2,886 |
Total |  | $ | 11,531 |

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