Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2021

Intangible Assets and Goodwill

Schedule of intangible assets

	Weighted
	Average	Intangible				Intangible
	Useful Life	Assets,		Accumulated		Assets,
	(in years)	gross		Amortization		Net
Customer relationships	10.0	$	45,890	$	(3,603)	$	42,287
Acquired technology	6.0		19,583		(7,057)		12,526
Trademarks and tradenames	11.0		18,375		(1,511)		16,864
Non-compete agreements	2.0		370		(110)		260
Value of business acquired	1.0		400		(94)		306
Renewal rights	8.0		7,692		(225)		7,467
Insurance licenses	Indefinite		4,960		—		4,960
Total intangible assets		$	97,270	$	(12,600)	$	84,670

Intangible assets consist of the following, as of December 31, 2020:

	Weighted
	Average	Intangible				Intangible
	Useful Life	Assets,		Accumulated		Assets,
	(in years)	gross		Amortization		Net
Customer relationships	7.0	$	8,440	$	(2,173)	$	6,267
Acquired technology	6.0		12,170		(5,481)		6,689
Trademarks and tradenames	9.0		3,688		(893)		2,795
Non-compete agreements	2.0		225		(15)		210
Total intangible assets		$	24,523	$	(8,562)	$	15,961

Summary of changes in the carrying amount of goodwill

	Goodwill
Balance as of December 31, 2020	$	28,289
Acquisitions		92,672
Balance as of June 30, 2021	$	120,961