Cornerstone Risk Group has acquired Queensland-based brokerages Cav Insure and Rural Insurance Services, following earlier broker acquisitions across New South Wales and Queensland.
The transactions took effect on Feb. 26 for Rural Insurance Services and March 5 for Cav Insure. Both businesses are being integrated into the Cornerstone network, with existing staff and client-facing roles retained.
Cav Insure is based in Stanthorpe and services clients across the Granite Belt, Southern Downs, and surrounding parts of southeast Queensland. Rural Insurance Services operates from Roma, working with customers in the town and nearby western Queensland communities. Following the acquisitions, employees from both firms are moving across to Cornerstone. During a transition period, client documentation will carry both the legacy brands and Cornerstone branding.
Clients are expected to continue dealing with their current advisers, with Cornerstone added as the owner and network behind the businesses. Existing policy terms are not expected to change as a direct result of the transactions. Scott Mitchell, director at Cornerstone, said the deals are consistent with the group’s focus on regional broking businesses. “These acquisitions reflect Cornerstone’s long-standing belief that strong regional businesses are built on local knowledge, trust, and long-term relationships. Cav Insure and Rural Insurance Services are highly respected in their communities, and we’re proud to welcome their teams into the Cornerstone network,” Mitchell said.
Both Cav Insure and Rural Insurance Services have told clients that service arrangements will continue under the new ownership. “Our clients have always come first, and that won’t change. Joining Cornerstone, means we can keep doing what we do best – supporting regional and rural clients with local knowledge and trusted advice, while gaining the backing of a group that’s genuinely invested in our communities for the long term,” Grant Lorenz, founder and managing director of Rural Insurance Services, said.
Josh Cavallaro, director of Cav Insure, said: “This move felt like a natural step for our team and our clients. Cornerstone understands the value of local relationships. This transition allows us to retain our people, our relationships, and our local knowledge, but now with greater support behind us to continue delivering the service our clients know and trust.” From Feb. 26, new Rural Insurance Services documentation has carried the Cornerstone Risk Group logo. The firm’s new licensee is Resilium Insurance Broking Pty Ltd (AFSL 460382).
The latest Queensland additions follow Cornerstone’s acquisition of Umbrella Insurance Services, announced in February 2026 via LinkedIn in relation to its expansion in New South Wales. At the time, Cornerstone said the partnership with Umbrella Insurance Services would enhance its “ability to deliver trusted, local service supported by Cornerstone’s broader capabilities and deep industry expertise.” Financial terms for the transactions have not been disclosed.
Cornerstone has completed a number of other acquisitions in recent years. In NSW, the group has added Victor Chau Insurance, Protect‑U Insurance Advisers, John Leask, Dolan Insurance Services, and Acumen Insurance. In Queensland, Aspire Insurance Solutions has been acquired. The purchase of MRC Insurance led to the creation of a corporate and specialty division within the group, while the earlier acquisition of Wollongong-based MKS Insurance Services increased its presence in that region. With Cav Insure and Rural Insurance Services now included, Cornerstone has offices in Brisbane, Toowoomba, Sydney, Stanthorpe, and Roma. The group services more than 20,000 policies and places about $125 million in gross written premium.
