Risk and Reward - Evolve MGA: The Cyber Success of Two Brothers

During this episode, Claire Richardson talks with Michael Costello, the Co-Founder & Principal of Evolve MGA, one of the most cutting-edge cyber insurance companies to grace the insurance market. Evolve values hard work, innovation, and culture. These values are showcased through the company’s commitment not only to its employees, but also its clients. Evolve’s devotion to company culture and an empowering atmosphere stem from the values of the Costello brothers (and Evolve’s Caveman Productions of course). Michael details the tech-driven tools Evolve uses to recruit talented & diversified individuals, in order to provide the expertise a cyber insurance & risk management firm of Evolve’s caliber requires. Tune in to learn more! 

Michael Costello is the Co-Founder of Evolve MGA , a cyber specialist commercial insurance market. Entering the insurance industry as the 4th generation in the Costello family, Michael worked at the family retail insurance agency, Costello & Sons, with account managers in high school and eventually as a licensed P&C producer in college. Michael formally launched his full-time insurance career as a wholesale broker, and specialized in cyber and technology insurance for three years before launching Evolve in 2016 with his brother, Patrick. In the past five years, Evolve has emerged as a key player in the cyber market, winning Advisen’s Cyber Newcomer of the Year in 2019 and Cyber MGA of the Year in 2020.