Revenue (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue by Performance Obligation

The following table disaggregates revenue by our two performance obligations:

	Three months ended June 30,				Six months ended June 30,
(in thousands)	2023		2022		2023		2022
Management fee revenue - policy issuance and renewal services	$	633,339	$	544,555	$	1,191,429	$	1,032,547
Management fee revenue - administrative services	15,636		14,476		30,825		28,789
Administrative services reimbursement revenue	184,466		160,675		357,293		324,002
Total revenue from administrative services	$	200,102	$	175,151	$	388,118	$	352,791