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Disaggregation of Revenue
12 Months Ended
Dec. 31, 2020
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

3. Disaggregation of revenue

The following table shows the Company’s revenue disaggregated by transaction model:

 

 

 

 

Year Ended December 31,

 

(in thousands)

 

2020

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Open platform transactions

 

$

573,242

 

 

$

399,945

 

 

$

291,331

 

Private platform transactions

 

$

11,572

 

 

 

8,060

 

 

 

5,579

 

Revenue

 

$

584,814

 

 

$

408,005

 

 

$

296,910

 

 

The following table shows the Company’s revenue disaggregated by product vertical:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2020

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property & casualty insurance

 

$

397,710

 

 

$

219,467

 

 

$

162,088

 

Health insurance

 

 

139,796

 

 

 

104,261

 

 

 

71,437

 

Life insurance

 

 

30,313

 

 

 

33,012

 

 

 

28,542

 

Other

 

 

16,995

 

 

 

51,265

 

 

 

34,843

 

Revenue

 

$

584,814

 

 

$

408,005

 

 

$

296,910