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Proposed Acquisition of Wisconsin Collaborative Insurance Company by Anthem, Inc., and its subsidiary Crossroads Acquisition Corp.

​​​​​​Last Updated: February 2, 2022​

Information on the Proposed Acquisition of Control of Wisconsin Collaborative Insurance Company by Anthem, Inc., and its subsidiary Crossroads Acquisition Corp.

On October 29, 2021, Anthem, Inc., an Indiana corporation (“Anthem"), in connection with the proposed sale by Aurora Health Care, Inc., a Wisconsin non-stock corporation (“Aurora") of forty-five (45%) of the stock of Wisconsin Collaborative Insurance Company, a Wisconsin stock insurance company (“WCIC"), to Crossroads Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Anthem (“CAC", the “Applicant"), pursuant to a stock purchase agreement dated October 22, 2021 (the “Purchase Agreement") a Form A filing was submitted. As of the date of the filing of the Form A, CAC owns fifty-five percent (55%) of the stock of WCIC. The proposed sale would constitute a change of control of WCIC.


The Applicant file the following documents with the OCI

  • Form A Filing [CONFIDENTIAL]​
  • Amended and Restated Bylaws of Wisconsin Collaborative Insurance Company [CONFIDENTIAL]
  • Stock Purchase Agreement [CONFIDENTIAL]
  • Biographical Affidavits for the Directors and Executive Officers [CONFIDENTIAL]

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Hea​ring Documents


Proposed​ ​Decision


Final Decision