Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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 intangible assets on our Unaudited Condensed Consolidated Balance Sheets:

	September 30, 2020		December 31, 2019
Intangible assets subject to amortization	$	19,216	$	22,440
Indefinite-lived intangible assets(1)	3,639		3,639
Total	$	22,855	$	26,079

(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
September 30, 2020
Value of business acquired	—	$	42,788	$	(42,788)	$	—
Agency agreements acquired	6.3	34,661		(18,275)		16,386
Trade names acquired	3.5	6,381		(3,551)		2,830
Total		$	83,830	$	(64,614)	$	19,216
December 31, 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

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 2020 and over the next five years is as follows:

Year ending December 31,	Estimated Amortization Expense
Remaining in 2020	$	1,043
2021	3,555
2022	3,246
2023	3,246
2024	2,640
2025	2,438