Nexus Underwriting Completes Acquisition of Evolve in California

Nexus Underwriting completed its acquisition of Evolve Cyber Insurance Services in California.

Evolve is a cyber managing general agency. The company operates out of offices in California, New York, and Texas, and has more 3,000 broking partners nationally, serving around 6,000 policyholders.

With its global headquarters in London, UK, Nexus Underwriting is an independent, specialty MGA with a focus on niche insurance classes of business. Nexus is a wholly owned subsidiary of Kentro Capital Limited, a holding company with a focus on investing in MGAs and insurance brokers globally.