Motor market sees tenth consecutive quarter of price drops

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Research shows younger drivers gained most from premium reductions.

Car insurance prices continued their downward trend in the second quarter of 2014.

The overall average cost of a comprehensive policy in the UK went down by a further £17 to £579 in the first three months of the year, according to the latest Confused.com car insurance price index, in association with Towers Watson.

Prices for new comprehensive policies fell by an average of 2.8% between March and June, while quarterly reductions for third party, fire and theft policyholders were much smaller at

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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