Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 259

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 259
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 the authorized status of the parties. Receivable balances from unauthorized reinsurers are collateralized by assets on hand, assets held in trust accounts, and/or letters of credit. The Company monitors collateral values, authorization status, financial statements and AM Best ratings of its reinsurers periodically. As of December 31, 2024, the Company does not believe there is a risk of loss due to the concentration of credit risk in the reinsurance program given the related collateralization or reinsurer AM Best rating. (8) Goodwill and Intangible Assets, net The following tables present goodwill, identifiable finite and indefinite-lived intangible assets and accumulated amortization: Goodwill

| Balance at December 31, 2022           |     | $184,900 |
| Goodwill acquired(1)                   |     |   18,359 |
| Foreign currency translation and other |     |    1,188 |
| Balance at December 31, 2023           |     | $204,447 |
| Foreign currency translation and other |     |      551 |
| Balance at December 31, 2024           |     | $204,998 |

| (1) | See Note (3) Acquisitions for more information. |

The Company conducts annual impairment tests of its goodwill as of October 1. For the year ended December 31, 2024 and 2023, no impairments were recorded on the Company’s goodwill.

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TABLE OF CONTENTS

THE FORTEGRA GROUP, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2024 & 2023 (in thousands, unless otherwise noted) Intangible assets, net

|                                           |     | As of December 31, |     |          |
|                                           |     |               2024 |     |     2023 |
| Finite-Lived Intangible Assets:           |     |                    |     |          |
| Customer relationships                    |     |           $162,520 |     | $162,844 |
| Accumulated amortization                  |     |            -87,610 |     |  -74,776 |
| Trade names                               |     |             16,202 |     |   16,227 |
| Accumulated amortization                  |     |             -9,869 |     |   -8,452 |
| Software licensing                        |     |             17,238 |     |   17,372 |
| Accumulated amortization                  |