Why invest in a Healthcare Practice franchise?

For those with the passion and determination to run your own business, taking on a franchise makes perfect sense. Operating within a proven model reduces the level of risk while giving you the flexibility to build a long-term, sustainable business with you in control. With around 80 Healthcare Partners across the UK and established membership of the British Franchise Association, we know how to support the people who buy into our business.

You will be the face of the Healthcare Practice within your local community. A person with integrity, who exemplifies our exceptionally high professional standards. Meeting with new and existing clients, you will advise, promote and tailor WPA policies to their exact needs. A unique advantage over other private medical insurers who rarely encounter their customers face to face.

Your Practice launch package

We believe our success starts with yours. A unique launch package, together with world-class training and support, will give you and your business the best possible start.

£15,000 Guaranteed Fee Scheme

If you take on a new Healthcare Practice with no existing client base, you will be eligible for the Guaranteed Fee Scheme. The fund is designed to assist you throughout the challenging first two years of your business. Forward loaded, the capital is released incrementally to ensure your business gets off to the best start.

£3,000 marketing budget

A marketing budget to promote your Healthcare Practice. Typically our Healthcare Partners see the greatest return on investment from hosting networking events, purchasing targeted data, attending exhibitions and undertaking marketing campaigns.

Enhanced remuneration

You will receive enhanced fees on individual healthcare policies sold within the first two years of your business.

Mentor for two years

One of our Senior Healthcare Partners will become your mentor for two years. Calling on their experience to guide you during the formative years of your new business. Your mentor will be local to you, so they can be on-hand whenever you need them.

Innovative technology

We are widely recognised as leaders of technological innovation within our industry. You will benefit from access to sophisticated systems and cutting-edge solutions, including a bespoke CRM platform.

CII membership

As a business committed to professionalism, you will need to study for the Chartered Insurance Institute (CII) Certificate in Insurance. We will pay for your examination, along with ongoing membership to the CII.

Your investment

As part of the WPA Group, a not-for-profit organisation, we don’t seek to make a profit from the sale of Healthcare Practices. This approach is reflected in the low investment fee to become a Healthcare Partner.  There are no monthly management service fees to pay and no cost to renew your Practice.

A one off investment: £9,200 (inclusive of VAT).

A 5 year business plan: to help you realise your ambitions.

A returnable fidelity bond: £2,500 – your commitment to the Consumer Duty.

Drive and ambition: vital elements to making your business succeed.