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WPA - Franchisor Data Entry Form
Company Name: Western Provident Association Ltd (WPA)
Company Address: Rivergate House, Blackbrook Park, Taunton, Somerset, TA1 2PE Registered No: 475557
Company Tel No: 01823 625120. To help protect your interests and those of the Association, telephone conversations may be recorded.
Contact E-mail: Berkeley.harris@wpa.org.uk
Company Website: www.wpa.org.uk
Business Description:
WPA is a UK health insurer with a heritage of over 100 years. We provide health insurance for individuals and to employees of small and large companies in the UK (business to consumer and business to business). We strive to help our customers fund the very best healthcare with the most competitive blend of premiums and benefits. WPA is authorized and regulated by the Financial Services Authority (FSA). The FSA website may be checked at www.fsa.gov.uk/register for WPA number 202608.
Industry Sector: Financial Advisors/Services Healthcare Sales and Management
Bfa Membership Type: Associate Members
No of years Franchise established in UK: 3
No of UK Franchisees: 100
Current Franchise network coverage: All of the UK
Investment Level: Personal minimum £7,500 (plus £2,500 returnable fidelity bond)
Investment Level: Total minimum Excluding VAT £6,382.98 (excluding VAT) plus £2,500 returnable fidelity bond (VAT exempt)
Locations Available: ALL UK. Particularly M4 Corridor, Cambridge, Oxford and North East England.
Resale: Yes
Women Only: No
Master Franchise: No
Introduction:
We're looking for the right people to promote our health insurance policies and support our 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 a award winning customer-focused company.
About us:
WPA is one of the largest medical insurance companies in the UK looking after around 300,000 customers. We 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 us to promote our ethos of providing exemplary levels of customer care, and will actively promote yourself as the "local face of WPA".
You will receive full Head Office
support and training (see
below) with the opportunity
to work towards monthly,
quarterly, half-yearly
and yearly incentives.
Our Head Office is based
in Taunton, Somerset and
we employ around 200 staff.
Our franchise team is nationwide and
we currently have around 100 successful
franchises in operation throughout
the country.
Training
and Support:
The WPA 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.
Our Franchise
Package:
Unlike many other franchise
businesses we do not
seek to make a profit from
the sale of our franchises.
Therefore the price of
a WPA Franchise licence
equates to the cost of
the training and support
we 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
our 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.
The £2,500
Fidelity Bond is submitted
to WPA on joining the National
Franchise Team to satisfy
our "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, we also pay you
an annual remuneration for customers
who remain with us. These two income
streams combine to build a long-term
business of substance. In addition:
* You will
be licensed to sell a
wide range of WPA medical
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
our 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
Who's
ideal for us:
Our selection of franchisees
is based on an assessment
of overall business experience
and personal qualifications.
We 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.
Territories/Locations:
See locations available.
Next
Steps:
If you're interested in
finding out more about
this exciting opportunity,
please complete the online form below
and somebody will contact you to discuss
things in further detail. Alternatively,
you can call 01823 625120
and speak with Berkeley
Harris.
Interview Process:
Once you submit your application,
the following process will
be followed:
* A day out on the road
with an existing franchisee
* Interview with the Regional
Directors
* Interview with the Head
of the National Franchise
Team
* Offered franchise training
Testimonials:
"If you want a career that gives
you something to believe
in then WPA is for you." Berkeley
Harris - Head of National
Franchise Team.
"If you would like to pursue a business opportunity that is literally bursting with potential, then join WPA." Johnny Mann - Northern Regional Director.
"When I sold my business 10 years
ago I wanted to join an organisation
where I could be independent but also
linked to a well known company. I researched
the WPA opportunity and decided that
because of the history of such unquestionable
customer service, this was definitely
the position for me. I only wish I
had discovered the WPA opportunity
many years before." Geoff Pike
- Southern Regional Director.
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