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Goodwill and Intangible Assets, net (Tables)

3 Months Ended

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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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 30
-Section 50
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-SubTopic 20
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