Cornerstone Insurance Brokers Ltd. Purchases KPL Insurance-Rates Inc.

Toronto, ON (Feb. 3, 2016) – Cornerstone Insurance Brokers Ltd. is pleased to announce the purchase of KPL Insurance-Rates Inc.

The transaction, which closed end of business day on January 29, 2016, brings together two exceptional brokerages. Cornerstone Insurance Brokers will be providing the KPL client-base with the same high quality insurance products and customer service that clients have come to expect. “We share a common vision for delivering consistent, personalized service to our clients. I know that KPL Insurance-Rates Inc. and our clients will be in great hands with Cornerstone,” commented Liane Wood, President of KPL Insurance-Rates Inc.

KPL’s digital online approach will complement Cornerstone’s existing locations in Woodbridge, Markham, Aurora and Barrie. Wendy DaSilva, CEO of Cornerstone added, “We are very pleased with the acquisition, as KPL Insurance-Rates is an excellent fit for Cornerstone. Our approach to business is very similar and we are looking to expand our digital footprint.”

About Cornerstone

Cornerstone Insurance Brokers is a multi-line full service privately owned brokerage. Headquartered in Woodbridge, Ontario, Cornerstone constructs best of class solutions for small, medium, and large corporations. The company provides home, auto, and commercial insurance as well as Life and Group Benefits to clients, and specializes in farm and equine insurance.

About KPL Insurance-Rates Inc.

Since 2004, KPL Insurance-Rates Inc. has been owned and operated by Liane Wood. Liane has worked in the insurance industry for 25+ years and has established a proven track record representing individual clients, families, and commercial accounts.

SOURCE: Cornerstone Insurance Brokers Ltd.