About Evolve MGA
Evolve MGA is a Financial Services company based in San Francisco (United States) founded in 2015 by Pat Costello, and was acquired by Nexus Underwriting in July 2023. Provider of insurance underwriting services. Its focus areas include Insurance Underwriters. Its legal entity is Evolve Cyber Insurance Services LLC.
Company details
Evolve MGA was established in 2015 in San Francisco, United States, as a provider of insurance underwriting services. Operations are centered on managing general agency functions within the insurance sector. Services include risk assessment and policy issuance, supported by a digital platform accessible via evolvemga.com. The company was co-founded by Pat Costello, with activities focused on the North American market to facilitate efficient underwriting processes for clients.
- Headquarters San Francisco, United States
- Founders Pat Costello
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website evolvemga.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Nexus Underwriting (Jul 2023)
- Legal Name Evolve Cyber Insurance Services Llc
- Investors
- Acquired byNexus Underwriting
(Jul 2023)
Apps and channels of Evolve MGA
its YouTube channel Evolve MGA has 89 subscribers and 24 videos.
Videos from Evolve MGA
The most watched videos on Evolve MGA's YouTube channel, Evolve MGA (89 subscribers). Click a video to play it here.
More on Evolve MGA.
Investors in Evolve MGA
Evolve MGA has secured backing from 1 investor. Prominent investors backing the company include Nexus Underwriting.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurance underwriting services are provided in the UK. | 2008 | nexusunderwriting.com | London, United Kingdom |
Investor details for Evolve MGA
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Evolve MGA
7 people are tracked at Evolve MGA (3 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Pat Costello | Co-Founder | Leadership |
Beau Bechelli | Vice President | Leadership |
Dan Carraher, CPA, MBA | CFO | Leadership |
Michael Williams | Business Development Manager | Team |
Lisa Nonas | Broker Relations Manager | Team |
Vicki Lewis | Compliance Manager | Team |
Joseph Schlegel | Underwriting Team Lead | Team |
Complete people profiles for Evolve MGA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Evolve MGA
2 dated milestones of Evolve MGA across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Evolve MGA is founded.
- Exit Acquired by Nexus Underwriting.
Web traffic of Evolve MGA
The website of Evolve MGA (evolvemga.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 49.5% vs previous month
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Evolve MGA (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Frequently Asked Questions about Evolve MGA
Evolve MGA was founded in 2015.
Evolve MGA is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Evolve MGA was established in 2015 in San Francisco, United States, as a provider of insurance underwriting services. Operations are centered on managing general agency functions within the insurance sector. Services include risk assessment and policy issuance, supported by a digital platform accessible via evolvemga.com. The company was co-founded by Pat Costello, with activities focused on the North American market to facilitate efficient underwriting processes for clients.
Evolve MGA has 1 investor. Key investors include Nexus Underwriting.
Evolve MGA operates through Evolve Cyber Insurance Services Llc.
Yes. Evolve MGA was acquired by Nexus Underwriting in July 2023.
