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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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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, 2023 |  | December 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 amount |  | Accumulated amortization |  | Net carrying amount
March 31, 2023 |  |  |  |  |  |  |  |
Value of business acquired |  | — |  | $ | 42,788 |  |  | $ | (42,788) |  |  | $ | — |
Agency agreements acquired |  | 4.0 |  | 34,661 |  |  | (24,910) |  |  | 9,751 |
Trade names acquired |  | 1.0 |  | 6,381 |  |  | (5,572) |  |  | 809 |
Total |  |  |  | $ | 83,830 |  |  | $ | (73,270) |  |  | $ | 10,560 |
December 31, 2022 |  |  |  |  |  |  |  |
Value of business acquired |  | — |  | $ | 42,788 |  |  | $ | (42,788) |  |  | $ | — |
Agency agreements acquired |  | 4.3 |  | 34,661 |  |  | (24,300) |  |  | 10,361 |
Trade names acquired |  | 1.3 |  | 6,381 |  |  | (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 |
2024 |  | 2,640 |
2025 |  | 2,438 |
2026 |  | 2,438 |
2027 |  | 609 |
2028 |  | — |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 + Details
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
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