Description of Business and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Description of Business and Summary of Significant Accounting Policies

Schedule of cash, cash equivalents and restricted cash

	September 30, 2021		December 31, 2020
Cash and cash equivalents	$	410,217	$	196,046
Restricted cash and restricted cash equivalents - current		4,614		11,407
Restricted cash and restricted cash equivalents - non-current		1,000		—
Cash, cash equivalents and restricted cash	$	415,831	$	207,453

Schedule of losses and LAE, gross of reinsurance

	2021
Losses and LAE reserve at April 5	$	84,366
Reinsurance recoverables on losses and LAE		(82,898)
Losses and LAE reserve, net of reinsurance recoverables at April 5		1,468
Net incurred losses and LAE during the current year		15,744
Net claim and LAE payments during the current year		(10,106)
Reserve for losses and LAE, net of reinsurance recoverables, at end of year		7,106
Reinsurance recoverables on losses and LAE		80,631
Losses and LAE reserve at September 30	$	87,737

Schedule of reinsurance on premiums written and earned

	September 30, 2021
	Written		Earned
Direct premiums	$	177,333	$	134,712
Ceded premiums		(158,793)		(126,743)
Net premiums	$	18,540	$	7,969

Schedule of components of other insurance liabilities, current

	September 30, 2021
Ceded reinsurance premiums payable	$	18,922
Funds held under reinsurance treaty		2,600
Commissions payable, reinsurers and agents		9,453
General and accrued expenses payable		537
Advance premiums		3,307
Other insurance liabilities, current	$	34,819

Schedule of components of other income (expense), net

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Gain (loss) on remeasurement of debt	$	—	$	488	$	—	$	(924)
Gain (loss) on remeasurement of legacy preferred stock warrant liability		—		785		—		(1,214)
Other, net		316		145		225		88
	$	316	$	1,418	$	225	$	(2,050)