Wisconsin Physicians Service Insurance Corporation’s (WPS) corporate structure has recently been expanded to add a new parent holding company called WPS Holdings Inc., according to a recent press release.
The new WPS Holdings Inc. is set up as a nonstock corporation with no shareholders or owners. WPS Holdings Inc. is the sole member of Wisconsin Physicians Service Insurance Corp. The new structure will allow the enterprise more flexibility to expand and grow into lines of business outside of insurance, while continuing its full commitment to WPS Health Insurance customers, beneficiaries, business partners, and agents.
