The Folgate Partnership has announced the acquisition of Canterbury-based Clarke Cooper Insurance Brokers.

Under the deal it will be merged with Canterbury Insurance Practice, which the Folgate Partnership is set to acquire from Towergate Underwriting Group.

Both businesses will operate from proposed new offices at Whitstable under the new name of Folgate Risk Solutions.

The Folgate Partnership chief executive Andy Homer said: "This latest acquisition, coupled with the imminent purchase of the Canterbury Insurance practice is evidence of our commitment to develop a significant presence in the East Kent region.

"With combined premiums approaching £8m, the enlarged operation provides a first class platform to grow the business both organically and through further acquisition."

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