FOR IMMEDIATE RELEASE
Cornerstone Insurance Brokers Ltd. purchases M. Lukic and Associates Insurance Brokers Ltd.
Peter DaSilva, President. of Cornerstone Insurance Brokers Ltd. and Peter Lukic, President of M. Lukic and Associates Insurance Brokers Ltd., are pleased to announce that Cornerstone Insurance Brokers has acquired the Property and Casualty business of M. Lukic and Associates Insurance Brokers Ltd.
Both Cornerstone and Lukic are very excited about this opportunity as the fit is exceptional. “We share many goals and values – providing the best coverage at the best rates to our clients, upholding a superlative standard for staff and client satisfaction and innovation to meet unique client requirements”, commented Wendy DaSilva.
This transaction – which closed June 11, 2012 – will add additional expertise to a dynamic team with the systems, expertise and size that will allow Cornerstone and Lukic to meet and exceed aggressive plans for continued profitable growth both organically and through acquisition.
“With this acquisition, we are well positioned to serve our clients with a broader array of professional insurance services. This further strengthens our existing operations and provides the critical mass needed to move the organization to the next level,” said Peter Lukic.
About Cornerstone
Established in 2007, Cornerstone has grown dramatically by focusing on exceptional customer service and striving for operational excellence. Cornerstone Insurance Brokers has become one of the largest and most reputable multi-line insurance brokerages in Canada, serving thousands of clients in all insurance categories – individuals, corporations, organizations, and provincial and national professional associations.
About M. Lukic
Founded in 1982, M. Lukic and Associates Insurance Brokers Ltd. has grown by providing exceptional personalized service and advice to the local community. Lukic Insurance Brokers is a full service independent brokerage headquartered in Etobicoke, Ontario. The company provides a full range of competitive products for businesses and individuals.
For more information contact:
Peter DaSilva
President
Cornerstone Insurance Brokers Ltd..
Tel: 1.888.768.8001 ext. 485
Email: pdasilva@csib.org
