Goodwill and Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2020 were as follows:

($ in thousands)	December 31, 2019		Impairments		Acquisitions		December 31, 2020
Property and Casualty	$	9,460	$	—	$	—	$	9,460
Supplemental	19,621		—		—		19,621
Retirement	10,087		(5,625)		—		4,462
Life	9,911		—		—		9,911
Total	$	49,079	$	(5,625)	$	—	$	43,454

Summary of finite-lived intangible assets

As of December 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 and impairments:
Value of business acquired		(10,835)
Value of distribution acquired		(8,684)
Value of agency relationships		(4,059)
Value of customer relationships		(3,202)
Total		(26,780)
Net intangible assets subject to amortization:		$	147,696

Future amortization expense

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

($ in thousands)
Year Ending December 31,
2021	$	13,067
2022	12,070
2023	11,232
2024	10,480
2025	9,811
Thereafter	91,036
Total	$	147,696

Summary of indefinite-lived intangible assets

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

($ in thousands)	December 31, 2019		Impairments		Acquisitions		December 31, 2020
Trade names	$	8,645	$	(767)	$	—	$	7,878
State licenses	2,886		—		—		2,886
Total	$	11,531	$	(767)	$	—	$	10,764