Linaker Insurance Brokers has acquired Plymouth-based Brian Chubb Insurance Brokers.

Linaker said it hopes the move will strengthen its regional position. The acquisition follows Linaker's purchase of Wells & Carn and Charles Lovick last year.

Linaker Group chairman Chris Mitchell said: "The insurance sector is very aware that many businesses face uncertainty in the run-up to regulatory changes in 2004, but we're very keen to seize this opportunity, identify talent where it exists and bring that under the Linaker brand.

"Our acquisition of Charles Lovick in October demonstrated that, and this latest acquisition is another example. There will certainly be more to come."

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