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Goodwill and Intangible Assets, net (Tables) | 3 Months Ended
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Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The following table presents identifiable finite and indefinite-lived intangible assets, accumulated amortization, and goodwill by operating segment and/or reporting unit, as appropriate:
| As of March 31, 2021 |  | As of December 31, 2020
Finite-Lived Intangible Assets: | Insurance |  | Other |  | Total |  | Insurance |  | Other |  | Total
Customer relationships | $ | 143,300 |  |  | $ | — |  |  | $ | 143,300 |  |  | $ | 143,300 |  |  | $ | — |  |  | $ | 143,300 |
Accumulated amortization | (35,700) |  |  | — |  |  | (35,700) |  |  | (32,263) |  |  | — |  |  | (32,263) |
Trade names | 14,750 |  |  | 800 |  |  | 15,550 |  |  | 14,750 |  |  | 800 |  |  | 15,550 |
Accumulated amortization | (4,712) |  |  | (461) |  |  | (5,173) |  |  | (4,382) |  |  | (440) |  |  | (4,822) |
Software licensing | 9,300 |  |  | 640 |  |  | 9,940 |  |  | 9,300 |  |  | 640 |  |  | 9,940 |
Accumulated amortization | (8,684) |  |  | (527) |  |  | (9,211) |  |  | (8,650) |  |  | (503) |  |  | (9,153) |
Insurance policies and contracts acquired | 36,500 |  |  | — |  |  | 36,500 |  |  | 36,500 |  |  | — |  |  | 36,500 |
Accumulated amortization | (36,261) |  |  | — |  |  | (36,261) |  |  | (36,238) |  |  | — |  |  | (36,238) |
Other | 640 |  |  | — |  |  | 640 |  |  | 640 |  |  | — |  |  | 640 |
Accumulated amortization | (31) |  |  | — |  |  | (31) |  |  | — |  |  | — |  |  | — |
Total finite-lived intangible assets | 119,102 |  |  | 452 |  |  | 119,554 |  |  | 122,957 |  |  | 497 |  |  | 123,454 |
Indefinite-Lived Intangible Assets: (1) |  |  |  |  |  |  |  |  |  |  |
Insurance licensing agreements | 13,761 |  |  | — |  |  | 13,761 |  |  | 13,761 |  |  | — |  |  | 13,761 |
Other | — |  |  | 1,000 |  |  | 1,000 |  |  | — |  |  | 1,000 |  |  | 1,000 |
Total indefinite-lived intangible assets | 13,761 |  |  | 1,000 |  |  | 14,761 |  |  | 13,761 |  |  | 1,000 |  |  | 14,761 |
Total intangible assets, net | $ | 132,863 |  |  | $ | 1,452 |  |  | $ | 134,315 |  |  | $ | 136,718 |  |  | $ | 1,497 |  |  | $ | 138,215 |
Goodwill | 177,528 |  |  | 1,708 |  |  | 179,236 |  |  | 177,528 |  |  | 1,708 |  |  | 179,236 |
Total goodwill and intangible assets, net | $ | 310,391 |  |  | $ | 3,160 |  |  | $ | 313,551 |  |  | $ | 314,246 |  |  | $ | 3,205 |  |  | $ | 317,451 |
(1) Impairment tests are performed at least annually on indefinite-lived intangible assets.
Schedule of Goodwill | Goodwill The following table presents the activity in goodwill, by operating segment and/or reporting unit, as appropriate, and includes the adjustments made to the balance of goodwill to reflect the effect of the final valuation adjustments made for acquisitions, as well as the reduction to any goodwill attributable to impairment related charges:
| Insurance |  | Other |  |  |  | Total
Balance at December 31, 2020 | $ | 177,528 |  |  | $ | 1,708 |  |  |  |  | $ | 179,236 |
Balance at March 31, 2021 | $ | 177,528 |  |  | $ | 1,708 |  |  |  |  | $ | 179,236 |
Accumulated impairments | $ | — |  |  | $ | 699 |  |  |  |  | $ | 699 |
Schedule of identifiable intangible assets | Intangible Assets, net The following table presents the activity, by operating segment and/or reporting unit, as appropriate, in finite and indefinite-lived other intangible assets and includes the adjustments made to the balance to reflect the effect of any final valuation adjustments made for acquisitions, as well as any reduction attributable to impairment-related charges:
| Insurance |  | Other |  | Total
Balance at December 31, 2020 | $ | 136,718 |  |  | $ | 1,497 |  |  | $ | 138,215 |
Less: amortization expense | (3,855) |  |  | (45) |  |  | (3,900) |
Balance at March 31, 2021 | $ | 132,863 |  |  | $ | 1,452 |  |  | $ | 134,315 |
Finite-lived Intangible Assets Amortization Expense | The following table presents the amortization expense on finite-lived intangible assets for the following periods:
| Three Months Ended March 31, 2020 |  |
| 2021 |  | 2020 |  |  |  |  |  |
Amortization expense on intangible assets | $ | 3,900 |  |  | $ | 2,245 |  |  |  |  |  |  |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following table presents the amortization expense on finite-lived intangible assets for the next five years and thereafter by operating segment and/or reporting unit, as appropriate:
| As of March 31, 2021
| Insurance |  | Other |  | Total
Remainder of 2021 | $ | 11,548 |  |  | $ | 125 |  |  | $ | 11,673 |
2022 | 15,852 |  |  | 127 |  |  | 15,979 |
2023 | 15,031 |  |  | 80 |  |  | 15,111 |
2024 | 13,344 |  |  | 80 |  |  | 13,424 |
2025 | 11,230 |  |  | 40 |  |  | 11,270 |
2026 and thereafter | 52,097 |  |  | — |  |  | 52,097 |
Total | $ | 119,102 |  |  | $ | 452 |  |  | $ | 119,554 |

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