Revenue (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
(in thousands)	2023		2022		2023		2022
Management fee revenue - policy issuance and renewal services	$	649,049	$	551,666	$	1,840,478	$	1,584,213
Management fee revenue - administrative services	16,151		14,657		46,976		43,446
Administrative services reimbursement revenue	187,118		168,653		544,411		492,655
Total revenue from administrative services	$	203,269	$	183,310	$	591,387	$	536,101