A TV show starring Pamela Lee.
The story:
Pam (as Valerie Irons) dates a celebrity. A man attempts to kill said celebrity at a movie premiere. Val saves her date's life, as he wets himself (OK maybe he didn't do that). Afraid of being shown as the wuss he is, the celebrity tells the press she is a professional bodyguard. Val lands a figurehead job to run a private bodyguard service. They name the agency Valerie Irons Protection, hence V.I.P.