Goodwill and Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2019 were as follows:

($ in thousands)	December 31, 2018		Impairment			Acquisitions		December 31, 2019
Property and Casualty	$	9,460	$	—		$	—	$	9,460
Supplemental	—		—			19,621		19,621
Retirement	28,025		(28,025		)	10,087		10,087
Life	9,911		—			—		9,911
Total	$	47,396	$	(28,025	)	$	29,708	$	49,079

Summary of finite-lived intangible assets

As of December 31, 2019 the outstanding amounts of definite-lived intangible assets subject to amortization were as follows:

($ in thousands)	Weighted Average
	Useful Life (in Years)
At inception:
Value of business acquired	30	$	94,419
Value of distribution acquired	17	53,996
Value of agency relationships	14	16,981
Value of customer relationships	10	9,080
Total	23	174,476
Accumulated amortization:
Value of business acquired		(3,697		)
Value of distribution acquired		(1,871		)
Value of agency relationships		(1,489		)
Value of customer relationships		(1,733		)
Total		(8,790		)
Net intangible assets subject to amortization:		$	165,686

Future amortization expense

Estimated future amortization of the Company's definite-lived intangible assets were as follows:

($ in thousands)
Year Ending December 31,
2020	$	14,488
2021	13,411
2022	12,433
2023	11,577
2024	10,805
Thereafter	102,972
Total	$	165,686

Summary of indefinite-lived intangible assets

Indefinite-lived intangible assets (not subject to amortization) as of December 31, 2019 were as follows:

($ in thousands)
Trade names	$	8,645
State licenses	2,886
Total	$	11,531