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Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets:
The following is a summary of the change in goodwill from December 31, 2019 through March 31, 2020, both in total and as allocated to the Company’s operating segments:
 
Insurance
 
Energy and Specialized Markets
 
Financial Services
 
Total
Goodwill at December 31, 2019
$
998.8

 
$
2,389.5

 
$
476.0

 
$
3,864.3

Purchase accounting reclassifications
 
2.9

 
 
(1.8
)
 
 
(0.2
)
 
 
0.9

Current period adjustment (1)
 
21.4

 
 
(19.5
)
 
 
—

 
 
1.9

Foreign currency translation
 
(25.4
)
 
 
(98.1
)
 
 
(1.0
)
 
 
(124.5
)
Goodwill at March 31, 2020
$
997.7

 
$
2,270.1

 
$
474.8

 
$
3,742.6


_______________
(1) Of which $19.5 million relates to a segment reclassification, refer to Note 13. Segment Reporting
Goodwill and intangible assets with indefinite lives are subject to impairment testing annually as of June 30, or whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. Goodwill impairment testing compares the carrying value of each reporting unit to its fair value. If the fair value of the reporting unit exceeds the carrying value of the net assets, including goodwill assigned to that reporting unit, goodwill is not impaired. If the carrying value of the reporting unit’s net assets including goodwill exceeds the fair value of the reporting unit, then the Company will determine the implied fair value of the reporting unit’s goodwill. If the carrying value of a reporting unit’s goodwill exceeds its implied fair value, then an impairment loss is recorded for the difference between the carrying amount and the implied fair value of goodwill. The Company completed the required annual impairment test as of June 30, 2019 and concluded that there was no impairment of goodwill. There were no triggering events for the three months ended March 31, 2020 that would impact the results of the impairment test performed as of June 30, 2019. As a result of COVID-19 and the current economic environment, near-term pressures may adversely affect the Company's ability to grow as anticipated, which could lead to a potential impairment.
The Company’s intangible assets and related accumulated amortization consisted of the following: 
 
Weighted
Average
Useful Life
 
Cost
 
Accumulated
Amortization
 
Net
March 31, 2020
 
 
 
 
 
 
 
 
 
 
Technology
7 years
 
$
510.0

 
$
(298.3
)
 
$
211.7

Marketing
16 years
 
 
252.3

 
 
(95.7
)
 
 
156.6

Contract
6 years
 
 
5.0

 
 
(5.0
)
 
 
—

Customer
13 years
 
 
876.6

 
 
(289.3
)
 
 
587.3

Database
19 years
 
 
458.5

 
 
(107.5
)
 
 
351.0

Total intangible assets
 
 
$
2,102.4

 
$
(795.8
)
 
$
1,306.6

December 31, 2019
 
 
 
 
 
 
 
 
 
 
Technology
7 years
 
$
519.2

 
$
(291.9
)
 
$
227.3

Marketing
16 years
 
 
265.3

 
 
(94.3
)
 
 
171.0

Contract
6 years
 
 
5.0

 
 
(5.0
)
 
 
—

Customer
13 years
 
 
901.2

 
 
(278.0
)
 
 
623.2

Database
19 years
 
 
484.6

 
 
(107.2
)
 
 
377.4

Total intangible assets
 
 
$
2,175.3

 
$
(776.4
)
 
$
1,398.9


Amortization expense related to intangible assets for the three months ended March 31, 2020 and 2019 was $41.0 million and $33.2 million, respectively. Estimated amortization expense for the remainder of 2020 and the years through 2025 and thereafter for intangible assets subject to amortization is as follows:
Year
Amount
2020
$
120.4

2021
 
149.2

2022
 
138.1

2023
 
126.3

2024
 
121.8

2025 and thereafter
 
650.8

 
$
1,306.6