Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 302

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 302
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135,270 and 0.2% of the opening net liability for losses and loss adjustment expenses of $393,455, as of January 1, 2024. Based upon our internal analysis and our review of the statement of actuarial opinions provided by our actuarial consultants, we believe that the amounts recorded for policy liabilities and unpaid claims reasonably represents the amount necessary to pay all claims and related expenses which may arise from incidents that have occurred as of the balance sheet date. (11) Revenue from Contracts with Customers The Company’s revenues from insurance and contractual and liability insurance operations are primarily accounted for under Financial Services-Insurance (Topic 944) that are not within the scope of Revenue for Contracts with Customers (Topic 606). The Company’s remaining revenues that are within the scope of Topic 606 are primarily comprised of revenues from contracts with customers for monthly membership dues for motor clubs, monthly administration fees for services provided for premiums, claims and reinsurance processing revenues, vehicle service contracts and warranty coverage revenues for household goods and appliances service contracts (collectively, remaining contracts). The following table presents the disaggregated amounts of revenue from contracts with customers by product type for the following periods:

|                                       |     | Three Months Ended 
      September 30, |     |         |     | Nine Months Ended 
     September 30, |     |          |
|                                       |     |               2025 |     |    2024 |     |              2025 |     |     2024 |
| Service and Administrative Fees:      |     |                    |     |         |     |                   |     |          |
| Service contract revenue              |     |            $69,479 |     | $70,882 |     |          $212,598 |     | $227,884 |
| Motor club revenue                    |     |              9,112 |     |  10,565 |     |            28,093 |     |   33,202 |
| Other                                 |     |                665 |     |   1,355 |     |             2,692 |     |    3,120 |
| Revenue from contracts with customers |     |            $79,256 |     | $82,802 |     |          $243,383 |     | $264,206 |

Service and Administrative Fees Service and administrative fees are generated from non-insurance programs including warranty service contracts, motor clubs and other services. Service and administrative fees are recognized consistent with the earnings recognition