Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

Intangible assets are stated at cost or acquisition-date fair value less accumulated amortization and impairment. The following tables summarize intangible asset balances.

As of September 30,2023	Weighted Average Useful Life (in years)	Intangible Assets, gross		Accumulated Amortization And Impairment		Intangible Assets, Net
Customer relationships	9.0	$	69,504	$	(21,823)	$	47,681
Acquired technology	5.0	36,041		(20,815)		15,226
Trademarks and tradenames	10.0	23,443		(6,175)		17,268
Non-compete agreements	3.0	616		(443)		173
Value of business acquired	1.0	400		(400)		—
Renewal rights	6.0	9,734		(3,090)		6,644
Insurance licenses	Indefinite	4,960		—		4,960
Total intangible assets		$	144,698	$	(52,746)	$	91,952

As of December 31,2022	Weighted Average Useful Life (in years)	Intangible Assets, gross		Accumulated Amortization And Impairment		Intangible Assets, Net
Customer relationships	9.0	$	69,730	$	(15,079)	$	54,651
Acquired technology	5.0	37,932		(16,468)		21,464
Trademarks and tradenames	10.0	25,071		(5,724)		19,347
Non-compete agreements	3.0	619		(407)		212
Value of business acquired	1.0	400		(400)		—
Renewal rights	6.0	9,734		(2,113)		7,621
Insurance licenses	Indefinite	4,960		—		4,960
Total intangible assets		$	148,446	$	(40,191)	$	108,255

Summary of changes in the carrying amount of goodwill

The following table summarizes the changes in the carrying amount of goodwill for the nine months ended September 30, 2023.

Balance as of December 31, 2022, net of accumulated impairment of $43.8 million	$	244,697
Acquisition	2,421
Impairment loss	(55,211)
Balance as of September 30, 2023, net of accumulated impairment of $99.0 million	$	191,907