Cornerstone Risk grows portfolio by acquiring MRC Insurance

Cornerstone Risk Group, a Brisbane-based insurance broker and Resilium Partner, has announced the acquisition of MRC Insurance as part of its ongoing expansion efforts, building on its growth beyond Queensland and further into New South Wales.

The company, led by Scott Mitchell and Damien Mulvenna, has pursued a series of acquisitions to strengthen its market position and diversify its service offerings.
Scott Mitchell, managing director of business development at Cornerstone Risk, stated that the acquisitions are focused on uniting skilled professionals and fostering a collaborative culture within the business. “These acquisitions are about more than just growth – it’s about bringing together talented people and strong cultures to create something exceptional. We’re committed to never standing still and to building a business that thrives on innovation and collaboration,” Mitchell said.

Click here to view the full story in Insurance Business Australia magazine.