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Summary:Evolve MGA

From Insurer Brain

🏢 Evolve MGA is a California-incorporated managing general agent specializing in cyber liability and technology E&O for SMEs with cyber risk exposures up to $250 million, distributing through over 3,000 retail broking partners across all 50 U.S. states. Founded in 2015 by brothers Michael and Patrick Costello, the firm was acquired by Nexus Underwriting in July 2023 and subsequently became part of Brown & Brown, Inc. through the Kentro Capital acquisition in October 2023. Evolve's post-acquisition NexGen cyber policy is supported by Lloyd's of London, while the firm's service model includes a proprietary mobile app, curated cybersecurity vendor partnerships, and a structured breach response workflow.