v3.26.1
Segment Reporting and Disaggregated Revenue - Schedule of Segment Information, by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Earned premium, net $ 251,956 $ 177,785 $ 491,598 $ 347,140
Revenues 80,826 188,431 141,919 336,823
Marketplace revenue 39,658 26,886 65,310 55,972
Net investment income 11,003 9,416 21,266 18,474
Net investment gains 7,179 1,194 4,890 879
Total revenue 354,822 379,309 666,652 707,645
Losses and loss adjustment expenses, net 110,709 75,213 208,628 146,343
Policy acquisition costs, net 83,641 82,938 185,563 160,271
Underwriting and other insurance expenses 62,947 1,222 122,535 2,579
Selling, general, and administrative expenses 94,915 160,799 167,053 304,579
Interest expense and other, net (1,209) 384 (1,382) 680
Total segment expenses 351,003 320,556 682,397 614,452
Segment income (loss) before taxes 3,819 58,753 (15,745) 93,193
Interest expense (1,237) (1,484) (2,332) (2,877)
Change in TRA Liability   (3,078) 0 (3,078)
(Loss) Income before taxes 2,232 53,363 (18,705) 86,145
Corporate expenses        
Segment Reporting [Line Items]        
Total segment expenses 350 828 628 1,093
Insurance        
Segment Reporting [Line Items]        
Earned premium, net 251,956 177,785 491,598 347,140
Revenues 45,026 164,028 83,588 285,180
Net investment income 10,731 9,287 20,745 18,170
Net investment gains 7,179 1,194 4,890 879
Total revenue 314,892 352,294 600,821 651,369
Insurance | Operating Segments        
Segment Reporting [Line Items]        
Earned premium, net 251,956 177,785 491,598 347,140
Marketplace revenue 0 0 0 0
Net investment income 10,731 9,287 20,745 18,170
Net investment gains 7,179 1,194 4,890 879
Total revenue 314,892 352,294 600,821 651,369
Losses and loss adjustment expenses, net 110,709 75,213 208,628 146,343
Policy acquisition costs, net 83,641 82,938 185,563 160,271
Underwriting and other insurance expenses 62,947 1,222 122,535 2,579
Selling, general, and administrative expenses 55,931 131,634 102,797 247,575
Interest expense and other, net (1,103) 528 (1,119) 940
Total segment expenses 312,125 291,535 618,404 557,708
Segment income (loss) before taxes 2,767 60,759 (17,583) 93,661
Marketplace        
Segment Reporting [Line Items]        
Earned premium, net 0 0 0 0
Revenues 35,800 24,403 58,331 51,643
Net investment income 272 129 521 304
Net investment gains 0 0 0 0
Total revenue 39,930 27,015 65,831 56,276
Marketplace | Operating Segments        
Segment Reporting [Line Items]        
Earned premium, net 0 0 0 0
Marketplace revenue 39,658 26,886 65,310 55,972
Net investment income 272 129 521 304
Net investment gains 0 0 0 0
Total revenue 39,930 27,015 65,831 56,276
Losses and loss adjustment expenses, net 0 0 0 0
Policy acquisition costs, net 0 0 0 0
Underwriting and other insurance expenses 0 0 0 0
Selling, general, and administrative expenses 38,984 29,165 64,256 57,004
Interest expense and other, net (106) (144) (263) (260)
Total segment expenses 38,878 29,021 63,993 56,744
Segment income (loss) before taxes 1,052 (2,006) 1,838 (468)
Commission and fee revenue        
Segment Reporting [Line Items]        
Revenues 23,665 143,287 40,100 243,574
Commission and fee revenue | Insurance | Operating Segments        
Segment Reporting [Line Items]        
Revenues 23,665 143,287 40,100 243,574
Commission and fee revenue | Marketplace | Operating Segments        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Membership and other revenue        
Segment Reporting [Line Items]        
Revenues 21,361 20,741 43,488 41,606
Membership and other revenue | Insurance | Operating Segments        
Segment Reporting [Line Items]        
Revenues 21,361 20,741 43,488 41,606
Membership and other revenue | Marketplace | Operating Segments        
Segment Reporting [Line Items]        
Revenues $ 0 $ 0 $ 0 $ 0