v3.26.1
Segment Information - Schedule of Consolidated Revenue, Net Income and Significant Expense Categories Reviewed by CODM (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]        
Total revenue [1] $ 57,787 $ 56,091 $ 113,321 $ 108,498
Cost of revenue:        
Policy commission and related expenses 10,038 10,074 22,212 22,741
Outsourced claims fees 1,494 3,831 3,023 6,086
Direct personnel expense 5,387 5,063 10,371 10,079
Other operating expenses 3,451 2,964 6,985 6,011
Depreciation and amortization 579 608 1,149 1,205
Gross profit 36,838 33,551 69,581 62,376
Operating expenses:        
Personnel cost 4,221 2,135 8,161 4,224
Other operating expenses 1,567 825 2,843 1,442
Research and development 2,440 2,354 4,746 4,575
Depreciation and amortization 147 110 293 211
Total operating expenses 8,375 5,424 16,043 10,452
Operating income 28,463 28,127 53,538 51,924
Investment income 2,963 763 5,475 1,161
Income before income taxes 31,426 28,890 59,013 53,085
Income tax expense 8,157 7,227 15,338 13,471
Net income $ 23,269 $ 21,663 $ 43,675 $ 39,614
[1] Amounts include revenues earned from related parties of $54,217 and $107,539 for the three and six months ended June 30, 2026, respectively, and $54,341 and $106,748 for the three and six months ended June 30, 2025, respectively. Refer to Note 5. Revenue and Note 8. Related Party Transactions for additional details.