Europe’s Arianespace commercial launch company is willing to take part in insurance policies for the new Vega small-satellite launch vehicle to ease the rocket’s entry into the market, the head of Arianespace’s financing and insurance department said.

Anne Aufrere said the Evry, France-based company is looking to convince insurance underwriters that the heavy-lift Ariane 5, the medium-lift Soyuz and the smaller Vega — whose inaugural flight in February was successful — should receive similar insurance treatment.

Acknowledging that new rockets have a learning curve that makes insurers reluctant to assign them low premiums, Aufrere said, “Arianespace could retain some launch exposure as a way to promote the convergent evolution of the Vega [insurance] rates. This is something we are contemplating.”

Arianespace has 52 rockets under production — 31 Ariane 5s, 16 Russian-built Soyuz rockets and five Vega vehicles. The European Space Agency will be the customer for the next five Vega missions as part of an extended demonstration program.

Peter B. de Selding was the Paris bureau chief for SpaceNews.