Leasing and fleet management company Arval UK has expanded its insurance product range.
Last year, the company launched Arval launched Arval Total Care; an optional package allowing customers to opt for an insured lease vehicle.
It has now launched a new product which allows customers to insure their entire fleet, including cars and vans that are not funded by Arval.
Robert Pieczka, marketing and insurance director at Arval, said: "We are really encouraged by the early demand that we are seeing and I believe our offer is unique within the leasing sector.
"The value, simplicity and ease that these products provide is clearly seen as a valuable benefit by our customers.”
He added: "A fleet insurance product was the logical next step from Arval Total Care allowing our customers to cover their entire vehicle fleet, irrespective of whether they purchase their vehicles, take finance lease, lease their vehicles through Arval or lease them through someone else.”
Leasing an insured vehicle is not currently common practice in the UK but is a very popular approach in other European countries where Arval sees a high penetration of its insurance products.