WPA Franchise

WPA Franchise
Medical and Health Insurance Franchise  

About WPA

WPA Franchise are looking for the right people to promote their health insurance policies and support their long-term relationships with customers. You will receive full training and enjoy comprehensive business support. No need for premises, stock or staff. No high start-up costs. This is a rewarding opportunity working with an award winning customer-focused company.

WPA is one of the largest medical insurance companies in the UK looking after around 300,000 customers. WPA operate in the private client, small corporate and large corporate market places and have won a well deserved reputation for excellence of customer service.

You will work with WPA to promote their ethos of providing exemplary levels of customer care, and will actively promote yourself as the “local face of WPA”.

As a WPA Franchise owner, you will receive full Head Office support and training (see below) with the opportunity to work towards incentives. The WPA Franchise Head Office is based in Taunton, Somerset and they employ around 200 staff. The WPA franchise team is nationwide and currently have around 100 successful franchises in operation throughout the country.

The WPA Franchise Package

• You will be licensed to sell a wide range of WPA medical and health insurance solutions
• You'll have the opportunity to build a Franchise attracting new and renewal commissions
• You'll have live connectivity to WPA IT systems via your issued laptop
• You'll have access to WPA web area allowing your customers to buy online via your Franchise
• You'll attend a one week residential training course covering all areas including business development
• There's a two year mentor programme to help you achieve your goals
• There's a dedicated Franchise support team along with regular regional meetings
• You'll have the opportunity to build a capital asset

Unlike many other franchise businesses WPA do not seek to make a profit from the sale of their franchises. Therefore the price of a WPA Franchise licence equates to the cost of the training and support WPA will give you.

There are no ongoing fees – this is a one-off payment. There is a continuous programme of product & service training to help develop different skills as you come to need them. Before you can become a franchisee you must successfully complete the WPA 5 day residential training course, held at WPA's Head Office. The cost of this course is included in the one-off payment of £7,500 (plus £2,500 fidelity bond).

The £2,500 Fidelity Bond is submitted to WPA on joining the National Franchise Team to satisfy WPA's "Treating Customers Fairly" policy in line with Financial Services Authority (FSA) guidance. This Bond is returnable to you on leaving WPA or selling your franchise, plus any interest accrued.

Throughout your time as a WPA franchisee, you will receive remuneration on your new sales and more importantly, WPA also pay you an annual remuneration for customers who remain with WPA. These two income streams combine to build a long-term business of substance.

WPA Franchise Training and Support

The WPA Health Insurance Franchise represents a chance to run your own business without being alone. You will be supported by the WPA team, in areas of training, advertising, marketing, sales techniques and business planning. Regular training events are held at Head Office and you will have the day-to-day support of Regional Account Managers in your local area.

WPA Franchise Financial Information

Minimum Personal Investment:
£7,500 (plus £2,500 returnable fidelity bond)

Minimum Total Investment:
£6,382.98 (excluding VAT) plus £2,500 returnable fidelity bond (VAT exempt)

Who's Ideal for a WPA Franchise

WPA selection of franchisees is based on an assessment of overall business experience and personal qualifications. WPA look for individuals with “common business sense”, a proven ability to effectively develop themselves and a history of previous success in business and personal endeavours. Key characteristics for success are:

• High personal integrity.
• Entrepreneurial spirit and a strong desire to succeed.
• The ability to manage finances - both personal and business.
• A determination to personally devote full-time and best efforts in the day-to-day running of your Franchise.
• A willingness to complete a comprehensive training programme and become proficient in all aspects of running a WPA Franchise.

WPA Franchise Territories/Locations

All UK. Particularly Northern England, outer Birmingham, Northern Ireland and Scotland. Also existing franchises for sale.

Next Steps

The best way to learn about the WPA Medical and Health Insurance Franchise opportunity and have your questions answered, is to attend one of the WPA Franchise Discovery Open Days which are held on a regular basis. Please contact us for the next dates.

WPA like to be completely transparent and show you all aspects of their business; give you a tour of the organisation and allow you the chance to meet the support team and ideally some WPA Franchisees.

“My experience from coming for the open day was a very good one and it gave me confidence about the professionalism of WPA from the set up at Taunton to the people I met. It made me feel that this is an organisation I could and would want to work with and feel confident to introduce my customers to”. Madeleine Coleman – Joined WPA May 2010

“The main thing I took away from the open day was how professional and well run WPA is. From my point it gave me enough information to move to the next stage and really feel excited by the opportunity available”. Simon Lewis – Joined WPA December 2010

Once you are ready to submit your application, the following process will be followed:

• You are put in touch with your mentor and spend several days on the road to look at the practical side of running the franchise
• A final meeting with the Director of the National Franchise Team with be held at a location near to you to confirm the final details of your franchise
• You attend the initial training course

If you're interested in finding out more about the exciting WPA Medical and Health Insurance Franchise opportunity or would like to book a place on one of the Discovery Open Days, please complete the online form below and somebody will contact you.

Further Information

Franchise Information

BFA Membership Status
Full

UK Years Established
6 years

Current UK Coverage
80%

Franchisee Support Staff
15

Personal Investment Req.
£10,000

Total Startup Cost
£10,000

Home-based business location

Business to consumer services

Franchisee operates individually

Why Choose Us?

What Our Franchisees Say

Latest Case Study

9th January 2012
Social Networker

Latest News

9th January 2012
WPA Franchisee of the Year