Goodwill and Intangible Assets, net (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The carrying amount of goodwill by reporting unit as of March 31, 2020 was as follows:

($ in thousands)	March 31, 2020
Property and Casualty	$	9,460
Supplemental	19,621
Retirement	10,087
Life	9,911
Total	$	49,079

Summary of finite-lived intangible assets

As of March 31, 2020 the outstanding amounts of definite-lived intangible assets subject to amortization were as follows:

($ in thousands)	Weighted Average
	Useful Life (in Years)
At inception:
Value of business acquired	30	$	94,419
Value of distribution acquired	17	53,996
Value of agency relationships	14	16,981
Value of customer relationships	10	9,080
Total	23	174,476
Accumulated amortization:
Value of business acquired		(5,545		)
Value of distribution acquired		(2,699		)
Value of agency relationships		(2,132		)
Value of customer relationships		(2,100		)
Total		(12,476		)
Net intangible assets subject to amortization:		$	162,000

Future amortization expense

Estimated future amortization of the Company's definite-lived intangible assets were as follows:

($ in thousands)
Year Ending December 31,
2020 (excluding the three months ended March 31, 2020)	$	10,802
2021	13,411
2022	12,433
2023	11,577
2024	10,805
Thereafter	102,972
Total	$	162,000

Summary of indefinite-lived intangible assets

Indefinite-lived intangible assets (not subject to amortization) as of March 31, 2020 were as follows:

($ in thousands)
Trade names	$	8,645
State licenses	2,886
Total	$	11,531