Cigna launches new phase of operations as the premier
provider of health and wellness services to Individuals, Employers
and Government entities across the Middle
East
DUBAI, United Arab Emirates,
July 12, 2017 /PRNewswire/ -- Cigna
Corporation (NYSE: CI), a global health services company, today
announced the acquisition of general insurer, Zurich Insurance
Middle East (SAL). The acquisition, which was successfully
completed in June marks the beginning of a new phase of operations
for Cigna as the premier provider of both health and wellness
services to individuals, employers and government entities
across the Middle East. With this
acquisition, Cigna will operate in the UAE, Lebanon, Kuwait and Oman, further complementing its capabilities
across the region.
In line with regulatory compliance, the newly acquired entity
will be called 'Zurich Insurance Middle East, a Cigna-owned
company.' The company will assume a name that aligns with the
Cigna brand once all formalities have been completed.
In the Middle East region Cigna
delivers group health products and services for small businesses
and family-owned enterprises through to multinational companies.
Through its new entity, Cigna will be able to provide even more
personalized products to individuals, employers, and government
entities; 24/7 customer support; multilingual call centres located
across nine global locations; specialized clinical services, and
access to one million medical and healthcare professionals and
facilities worldwide.
Jason Sadler, President of Cigna
International Markets said: "Cigna has enjoyed a strong presence in
the Middle East for more than 15
years through our local partners. Today, we mark a significant new
phase of our journey and commitment to the region. Cigna aims to
improve the health, well-being and sense of security of our
regional customers by providing full access to our global expertise
and wide range of specialized healthcare benefits, products and
wellness programs."
Cigna has named Arthur Cozad,
former CEO of Cigna Taiwan, as CEO for Middle East markets. Earlier this year, Cigna
opened offices at the Dubai International Financial Centre (DIFC)
to serve as its regional headquarters, providing management support
and specialist services to its regulated entities across the
GCC.
Howard Gough, CEO of Cigna for
the MENA Region, Global International Private Medical Insurance
(GIPMI), and Global Government segment, added: "We are witnessing a
dynamic change within the GCC region's healthcare sector, defined
by regulatory reform and national agendas that prioritize the
importance of quality healthcare. Cigna's healthcare benefit
products and its preventive wellness solutions meet a vital need
for companies, and local and globally mobile individuals."
About Cigna Middle East Insurance
Cigna Corporation (NYSE: CI) is a global health service company
dedicated to helping people improve their health, well-being and
sense of security. With a heritage of over 200 years, Cigna is
committed to its promise of being together all the way in providing
healthcare, clinical management and wellness programs to employers,
individuals and governments around the world.
Operating for more than 15 years in the MENA region, Cigna
serves the GCC markets and Lebanon, through its locally regulated
entities and regional headquarters in Dubai International Financial
Centre (DIFC). The company delivers both health and wellness
services to individuals, employers and government entities in
the region.
The company maintains a global sales capability in 30 countries
and jurisdictions, employing over 40,000 people that service more
than 95 million customer relationships throughout the world.
Headquartered in Connecticut, USA,
Cigna is a Fortune 100 company with a total revenue of US$39.7 billion in 2016.
To learn more about Cigna Middle East, visit
www.cigna-me.com
For media enquiries, please contact:
Lianne Braganza-D'Sylva
Head of Marketing &
Communications, MENA
+971-52-690-0081
Lianne.Braganza@cigna.com