Flying on Private Jets and Helping Fight Cyber Attacks With Pat Costello
Pat Costello is the Co-founder and Principal of Evolve MGA, a company specializing in cyber insurance that does the underwriting for one of the most comprehensive cyber insurance policies a business can buy.
Pat co-founded Evolve MGA with his brother Mike because they knew they could provide retail insurance brokers with far more value than anyone else in the marketplace. He is a veteran of the insurance industry and is the fourth generation of his family to be a leader in the insurance field. Pat also hosts The Evolved Broker Podcast.
In this episode…
How do you respond to real-world feedback regarding your entrepreneurial ideas? Sometimes you can see what’s needed, but you must have the tools, background, and determination to get your ideas off the ground. What can you bring to the table besides pure hard work to grow your ideas into a viable business?
As the world becomes ever more connected to the internet, the risk of being hacked increases. Pat Costello co-founded Evolve MGA with his brother Mike in 2015 to help protect people and businesses from cyber threats. Pat stresses the importance of cyber insurance to all businesses, especially small and midsize businesses since they are involved in 43% of all data breaches.
In this episode, John Corcoran welcomes Pat Costello to the show. As Co-founder and Principal of Evolve MGA, Pat shares the story of his early entrepreneurial journey and how it taught him the value of real-world feedback. He also shares the story of founding Evolve MGA and the dedication and thriftiness required to build it to where it is today. Pat discusses the value and protection cyber insurance can add to your business and the growing importance of having cyber coverage.