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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (76.4) $ (99.6)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 6.6 2.3
Warrant compensation expense 5.3 0.0
Depreciation and amortization 3.6 3.5
Bad debt expense 4.6 4.7
Payment-in-kind interest expense 0.0 2.4
Net realized gains on investments (1.2) (2.4)
Changes in operating assets and liabilities:    
Premiums receivable (13.6) (35.6)
Reinsurance recoverable and receivable (4.4) (5.2)
Prepaid reinsurance premiums (5.9) 11.5
Other assets 4.9 2.0
Losses and loss adjustment expenses reserves (11.8) 3.5
Unearned premiums 12.4 42.3
Reinsurance premiums payable 24.9 (23.4)
Accounts payable and accrued expenses (0.4) 2.5
Other liabilities 0.2 0.6
Net cash used in operating activities (51.2) (90.9)
Cash flows from investing activities:    
Purchases of investments (8.5) 0.0
Proceeds from maturities, call and pay downs of investments 4.3 13.1
Sales of investments 1.9 70.2
Capitalization of internally developed software (2.7) (1.6)
Purchases of fixed assets 0.0 (0.4)
Purchases of indefinite-lived intangible assets and transaction costs (1.3) 0.0
Net cash (used in) provided by investing activities (6.3) 81.3
Cash flows from financing activities:    
Proceeds from exercise of stock options and restricted stock units, net of tax proceeds/(withholding) 0.2 3.3
Proceeds from issuance of debt and related warrants, net of issuance costs 286.0 0.0
Repayments of long-term debt 0.0 (0.2)
Net cash provided by financing activities 286.2 3.1
Net increase (decrease) in cash, cash equivalents and restricted cash 228.7 (6.5)
Cash, cash equivalents and restricted cash at beginning of period 707.0 1,113.8
Cash, cash equivalents and restricted cash at end of period $ 935.7 $ 1,107.3