CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investments
Fixed maturities available-for-sale, at fair value (amortized cost: $607.0 million and $632.0 million as of September 30, 2024 and December 31, 2023, respectively)	$ 609.7	$ 627.4
Short-term investments (cost: $31.1 million and $45.8 million as of September 30, 2024 and December 31, 2023, respectively)	31.1	45.8
Total investments	640.8	673.2
Cash, cash equivalents and restricted cash	337.8	271.5
Premium receivable, net of allowance for credit losses of $2.8 million and $2.5 million as of September 30, 2024 and December 31, 2023, respectively	297.7	222.0
Reinsurance recoverable	189.9	138.4
Prepaid reinsurance premium	254.7	196.3
Deferred acquisition costs	11.9	8.8
Property and equipment, net	16.0	17.4
Intangible assets	15.8	22.9
Goodwill	19.0	19.0
Other assets	39.4	63.8
Total assets	1,823.0	1,633.3
Liabilities and Stockholders' Equity
Unpaid loss and loss adjustment expense	294.2	262.3
Unearned premium	453.8	353.7
Trade payables	1.0	0.6
Funds held for reinsurance treaties	189.3	128.8
Deferred ceding commission	58.9	41.4
Ceded premium payable	41.9	23.2
Borrowings under financing agreement	67.4	14.9
Other liabilities and accrued expenses	123.5	99.5
Total liabilities	1,230.0	924.4
Commitments and Contingencies (Note 15)
Stockholders' equity
Common stock, $0.00001 par value, 200,000,000 shares authorized; 71,378,678 and 70,163,703 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively	0.0	0.0
Additional paid-in capital	1,861.9	1,814.5
Accumulated deficit	(1,268.8)	(1,096.6)
Accumulated other comprehensive loss	(0.1)	(9.0)
Total stockholders' equity	593.0	708.9
Total liabilities and stockholders' equity	$ 1,823.0	$ 1,633.3