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Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following is a summary of intangible assets excluding goodwill recorded as other assets on our Consolidated Balance Sheets at:

						December 31, 2020						December 31, 2019
Intangible assets subject to amortization						$	18,173					$	22,440
Indefinite-lived intangible assets(1)						3,757						3,639
Total						$	21,930					$	26,079

(1) Indefinite-lived intangible assets are comprised of state insurance and agent licenses, as well as perpetual software licenses.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense of our intangible assets to be recognized by the Company over the next five years is as follows:

Year ending December 31,						Estimated Amortization Expense
2021						$	3,555
2022						3,246
2023						3,246
2024						2,640
2025						2,438

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Intangible assets subject to amortization consisted of the following:

						Weighted-average remaining amortization period (in years)						Gross carrying amount						Accumulated amortization						Net carrying amount
2020
Value of Business Acquired						—						$	42,788					$	(42,788)					$	—
Agency agreements acquired						6.1						34,661						(19,116)						15,545
Trade names acquired						3.3						6,381						(3,753)						2,628
Total												$	83,830					$	(65,657)					$	18,173
2019
Value of Business Acquired						—						$	42,788					$	(42,788)					$	—
Agency agreements acquired						6.8						34,661						(15,658)						19,003
Trade names acquired						4.3						6,381						(2,944)						3,437
Total												$	83,830					$	(61,390)					$	22,440

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Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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