Restructuring	12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Restructuring	4. Restructuring The Company is restructuring its insurance operations in an effort to strengthen its market presence and enhance its focus on GBLI’s core Wholesale Commercial and InsurTech products. As a result, the Company is exiting its four brokerage divisions: Professional Liability, Excess Casualty, Environmental, and Middle Market Property. The Company will cease writing new business and existing renewals will be placed in run-off for these four divisions. The restructuring plan was initiated in the fourth quarter of 2022 and is expected to be completed in the first quarter of 2023. In connection with the restructuring plan, the Company incurred restructuring costs of $3.4 million during the year ended December 31, 2022. Of this amount, $2.6 million was related to employee termination and severance, which was included in corporate and other operating expenses, and $0.8 million was related to lease right of use asset impairments, which were included in acquisition costs and other underwriting expenses on the Company’s consolidated statements of operations during the year ended December 31, 2022. Other liabilities on the Company’s consolidated balance sheets included an accrual of $2.6 million related to restructuring costs at December 31, 2022. Any information technology initiatives related to business lines within Exited Lines have been discontinued.

Restructuring

12 Months Ended

Dec. 31, 2022

Restructuring and Related Activities [Abstract]

The Company is restructuring its insurance operations in an effort to strengthen its market presence and enhance its focus on GBLI’s core Wholesale Commercial and InsurTech products. As a result, the Company is exiting its four brokerage divisions: Professional Liability, Excess Casualty, Environmental, and Middle Market Property. The Company will cease writing new business and existing

renewals will be placed in run-off for these four divisions. The restructuring plan was initiated in the fourth quarter of 2022 and is expected to be completed in the first quarter of 2023.

In connection with the restructuring plan, the Company incurred restructuring costs of $3.4 million during the year ended December 31, 2022. Of this amount, $2.6 million was related to employee termination and severance, which was included in corporate and other operating expenses, and $0.8 million was related to lease right of use asset impairments, which were included in acquisition costs and other underwriting expenses on the Company’s consolidated statements of operations during the year ended December 31, 2022. Other liabilities on the Company’s consolidated balance sheets included an accrual of $2.6 million related to restructuring costs at December 31, 2022.

Any information technology initiatives related to business lines within Exited Lines have been discontinued.