History Of Cigna Insurance Company
Cigna has its origin in the formation of Insurance Company of North America (INA) in 1792. Another concern known as the Connecticut General Life Insurance Company (CG) was formed in 1865. In 1981, CG and INA announced the intent to combine Connecticut General Corporation and INA Corporation. Thus, Cigna was formed in 1982 with The Insurance Company of North America and Connecticut General Life Insurance Company becoming Cigna's chief operating companies. The name “CIGNA” was chosen as a combination of its predecessors' initialsThe mission of Cigna insurance company is to help people lead healthier, more secure lives.
Area of Operation
The businesses of Cigna are:- Life
- Accident
- Disability
- Others
- Dental Resources
- Drug List/ Formulary
- Drug Ordering
- Medical Resources
- Pharmacy Resources
- Others
Key Statistics
- Cigna holds assets of $42.19 billion.
- Cigna has made profits of $1.13 billion in 2006.
- Cigna operates in USA.
- Cigna has 28,000 employees.
Organization
The corporate governance of Cigna includes:- Board of Directors
- Committees of the Board
- Executive Management Team
International Ranking
- Cigna ranks 250 in the world according to Forbes Magazine list.
- Cigna ranks 399 in Fortune Global 500 list.
Subsidiaries
The subsidiary and affiliate companies of Cigna are:- CIGNA Group Insurance
- CIGNA HealthCare
- CIGNA International
- CIGNA Behavioral Health (CBH)
- CareAllies
- Intracorp
- Choicelinx
- Star HRG
- Union & Government
Recent Acquisition
In 2006, CIGNA acquired Star HRG, an operating division of HealthMarkets, Inc.Headquarter Address
Cigna CorpTwo Liberty Place
1601 Chestnut Street
Philadelphia, PA 19192
USA
Phone: (215) 761-1000
Fax: (215) 761-5515
