Fleet News

Lloyds TSB autolease planning new fleet driver safety service

A NEW comprehensive fleet driver safety service that can be paid for within a monthly vehicle lease is one of a number of initiatives being developed at Lloyds TSB autolease.

Among the services to be offered is an online risk assessment tool, online driver licence checking and the potential to offer driver training in the future.

Peter Scholfield, head of marketing at Lloyds TSB autolease, a co-sponsor of the Fleet News Spring Conference, told delegates: ‘This can all be provided for a simple monthly fee which can be added to a lease rental.

‘Fleets could be forgiven for thinking they have a choice between a cost-effective fleet and a safe fleet, but our expertise means companies can do both.’

An example of the massive changes that a fleet can make came from Lloyds TSB itself, the banking group which runs about 5,000 vehicles. With about £50,000 to spend on risk management programmes, it managed to slash its accident rate by 24% and the cost of each accident fell by about one-third, while write-offs were down 29%.

As well as the reduction in bent metal costs, after just one year its insurance premium was reduced by tens of thousands of pounds, paying for the cost of the safety programme many times over.

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