Revenue (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue by Performance Obligation

The following table disaggregates revenue by our two performance obligations for the three months ended March 31:

(in thousands)	2025		2024
Management fee revenue - policy issuance and renewal services	$	755,049	$	665,686
Management fee revenue - administrative services	17,645		16,934
Administrative services reimbursement revenue	210,273		191,567
Total revenue from administrative services	$	227,918	$	208,501