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Disaggregation of revenue (Tables) | 9 Months Ended
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Sep. 30, 2023
Disaggregation of Revenue [Abstract] |
Summary of Disaggregation of Revenue | The following table shows the Company’s revenue disaggregated by transaction model:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Revenue |  |  |  |  |  |  |  |
Open marketplace transactions |  | $ | 73,053 |  |  | $ | 86,279 |  |  | $ | 263,568 |  |  | $ | 324,008 |
Private marketplace transactions |  | 1,520 |  |  | 2,738 |  |  | 7,407 |  |  | 11,057 |
Total |  | $ | 74,573 |  |  | $ | 89,017 |  |  | $ | 270,975 |  |  | $ | 335,065 |
The following table shows the Company’s revenue disaggregated by product vertical:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Revenue |  |  |  |  |  |  |  |
Property & casualty insurance |  | $ | 31,933 |  |  | $ | 43,844 |  |  | $ | 126,532 |  |  | $ | 188,869 |
Health insurance |  | 33,961 |  |  | 33,393 |  |  | 115,192 |  |  | 108,665 |
Life insurance |  | 5,341 |  |  | 6,977 |  |  | 18,321 |  |  | 21,049 |
Other |  | 3,338 |  |  | 4,803 |  |  | 10,930 |  |  | 16,482 |
Total |  | $ | 74,573 |  |  | $ | 89,017 |  |  | $ | 270,975 |  |  | $ | 335,065 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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