CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Investments
Fixed maturities available-for-sale, at fair value (amortized cost: $632.0 million and $673.5 million as of December 31, 2023 and 2022, respectively)	$ 627.4	$ 650.3
Short-term investments (cost: $45.8 million and $99.9 million as of December 31, 2023 and 2022, respectively)	45.8	99.8
Total investments	673.2	750.1
Cash, cash equivalents and restricted cash	271.5	286.5
Premium receivable, net of allowance for credit losses of $2.5 million and $2.7 million as of December 31, 2023 and 2022, respectively	222.0	179.6
Reinsurance recoverable	138.4	156.8
Prepaid reinsurance premium	196.3	164.5
Deferred acquisition costs	8.8	6.9
Property and equipment, net	17.4	19.6
Intangible assets	22.9	32.5
Goodwill	19.0	19.0
Other assets	63.8	75.2
Total assets	1,633.3	1,690.7
Liabilities and Stockholders' Equity
Unpaid losses and loss adjustment expenses	262.3	256.2
Unearned premium	353.7	288.0
Trade payables	0.6	1.1
Funds held for reinsurance treaties	128.8	136.0
Deferred ceding commission	41.4	39.7
Ceded premium payable	23.2	18.4
Borrowings under financing agreement	14.9	0.0
Other liabilities and accrued expenses	99.5	84.5
Total liabilities	924.4	823.9
Commitments and contingencies (Note 21)
Stockholders' equity
Common stock, $0.00001 par value, 200,000,000 shares authorized as of December 31, 2023 and 2022; 70,163,703 shares and 69,275,030 shares issued and outstanding as of December 31, 2023 and 2022, respectively	0.0	0.0
Additional paid-in capital	1,814.5	1,754.1
Accumulated deficit	(1,096.6)	(859.7)
Accumulated other comprehensive loss	(9.0)	(27.6)
Total stockholders' equity	708.9	866.8
Total liabilities and stockholders' equity	$ 1,633.3	$ 1,690.7