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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following is a summary of intangible assets excluding goodwill recorded as intangible assets on our Unaudited Condensed Consolidated Balance Sheets:
March 31, 2023December 31, 2022
Intangible assets subject to amortization$10,560 $11,372 
Indefinite-lived intangible assets(1)
1,198 1,398 
Total$11,758 $12,770 
(1) Indefinite-lived intangible assets are comprised of state insurance and agent licenses, as well as perpetual software licenses.
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 amountAccumulated amortizationNet carrying amount
March 31, 2023
Value of business acquired$42,788 $(42,788)$— 
Agency agreements acquired4.034,661 (24,910)9,751 
Trade names acquired1.06,381 (5,572)809 
Total$83,830 $(73,270)$10,560 
December 31, 2022
Value of business acquired$42,788 $(42,788)$— 
Agency agreements acquired4.334,661 (24,300)10,361 
Trade names acquired1.36,381 (5,370)1,011 
Total$83,830 $(72,458)$11,372 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense of our intangible assets to be recognized by the Company during the remainder of 2023 and over the next five years is as follows:
Year ending December 31,Estimated Amortization Expense
Remaining in 2023$2,435 
20242,640 
20252,438 
20262,438 
2027609 
2028—