About CIGNA
The CIGNA Corporation and its subsidiaries constitute one of the largest publicly
owned employee benefits organisations in the United States and is one of the few
health benefits companies with a comprehensive portfolio of health, pharmacy, behavioural,
dental, disability, life, accident and international businesses. (Web site:
http://www.cigna.com).
CIGNA is ranked 130 in the Fortune 500 (July 2006) and 333 in the Global 500 (July
2005).
CIGNA's operating subsidiaries offer one of the broadest arrays of innovative,
high-value products and services available in the industry:
- Managed medical and dental care products, group indemnity health insurance and related
services;
- Group life, accident and disability insurance;
- International employee benefits
and life, accident, health and disability coverage.
As of December 31st 2005, CIGNA Corporation had shareholders' equity of $5.4 billion
and revenues totaled $16.7billion.
CIGNA in its current format was established in 1982 as the result of a merger between
the Connecticut General Life Insurance Company (CG) established since 1865 in Hartford
and the Insurance Company of North America (INA), founded in Philadelphia in 1792.
The City of Philadelphia remains the CIGNA corporate home with the CIGNA twin towers
a prominent city landmark.
The formation of CIGNA Corporation created a marriage between a leading property-casualty
insurer with a major supplier of life insurance and associated employee benefits.
Since its creation CIGNA has maintained and developed its focus on employee benefits
and the company has divested itself of fringe businesses such as individual life
insurance, domestic and international property and casualty operations, and retirement
and investment business
CIGNA International does business in 29 countries and jurisdictions and services
expatriates in more than 170 countries and jurisdictions around the world. We maintain
a global employee workforce of some 1,900 experienced professionals and a distribution
force of some 2,800. For year-end 2005, revenues for CIGNA International were US$1.3
billion.
What we offer worldwide:
Life, Accident and Supplemental Health
...an array of group and individual insurance products, including personal accident,
disability and supplemental health products – such as cash for hospital stay and
critical illness diagnosis, term and variable life insurance and credit protection.
We also maintain in-house expertise in alternative distribution, such as telemarketing,
bancassurance and other direct marketing techniques.
Expatriate Benefits
...medical, dental, disability and life insurance benefits for employees of multinational
companies working on short- and long-term assignments outside their home country.
We maintain a pre-screened network of more than 1,000 hospitals and 2,000 clinics/physicians
and dentists in 440 cities throughout the world.
Health Care
...health care and medical care management services, including medical, dental and
absence management in select countries. We customise programmes to accommodate government
regulations and business requirements.
CIGNA remains an innovative company that continues to expand. The name CIGNA has
become synonymous with best practice within the field of healthcare and group life
insurance.