Fleet News

Aon appoints VELO for fleet management review

AON Motor Accident Management has begun a review of its company car policy by awarding the funding and management of its entire 800-vehicle fleet to VELO.

The deal includes full maintenance contract hire of Aon's company cars, personal contract purchase schemes for cash takers and the fully outsourced management of Aon's car policy. It promises a reduction in wholelife costs of 13% a year, and could see a reduction in fleet size of up to 15% by making cash alternatives compulsory for those covering fewer than 7,000 miles a year.

Aon's review of its fleet policy is part of its strategic fleet consulting project which will be used as a best practice model for its customers. The project was set up to address the company's fleet requirements by consultation with fleet management companies.

VELO marketing manager Nick Gafney said: 'The 13% saving will be achieved through a review of choice lists for drivers that restricts user-choosers to certain manufacturers which have agreed favourable terms with us in a bid to increase volume.

'Anyone covering fewer than 7,000 miles a year will be given a cash alternative, while those who cover more than 7,000 miles will be given the choice of cash or a car, which will lead to more PCP vehicles on the fleet.'

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