XML 67 R37.htm IDEA: XBRL DOCUMENT
v3.20.4

Goodwill and Intangible Assets, net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2020 were as follows:
($ in thousands) |  | December 31, 2019 |  | Impairments |  | Acquisitions |  | December 31, 2020
Property and Casualty |  | $ | 9,460 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,460 |
Supplemental |  | 19,621 |  |  | — |  |  | — |  |  | 19,621 |
Retirement |  | 10,087 |  |  | (5,625) |  |  | — |  |  | 4,462 |
Life |  | 9,911 |  |  | — |  |  | — |  |  | 9,911 |
Total |  | $ | 49,079 |  |  | $ | (5,625) |  |  | $ | — |  |  | $ | 43,454 |
Summary of finite-lived intangible assets | As of December 31, 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 and impairments: |  |  |  |
Value of business acquired |  |  |  | (10,835) |
Value of distribution acquired |  |  |  | (8,684) |
Value of agency relationships |  |  |  | (4,059) |
Value of customer relationships |  |  |  | (3,202) |
Total |  |  |  | (26,780) |
Net intangible assets subject to amortization: |  |  |  | $ | 147,696 |
Future amortization expense | Estimated future amortization of the Company's definite-lived intangible assets were as follows:
($ in thousands) |  |
Year Ending December 31, |  |
2021 |  | $ | 13,067 |
2022 |  | 12,070 |
2023 |  | 11,232 |
2024 |  | 10,480 |
2025 |  | 9,811 |
Thereafter |  | 91,036 |
Total |  | $ | 147,696 |
Summary of indefinite-lived intangible assets | Indefinite-lived intangible assets (not subject to amortization) as of December 31, 2020 were as follows:
($ in thousands) |  | December 31, 2019 |  | Impairments |  | Acquisitions |  | December 31, 2020
Trade names |  | $ | 8,645 |  |  | $ | (767) |  |  | $ | — |  |  | $ | 7,878 |
State licenses |  | 2,886 |  |  | — |  |  | — |  |  | 2,886 |
Total |  | $ | 11,531 |  |  | $ | (767) |  |  | $ | — |  |  | $ | 10,764 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration