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Cigna is a global health services and insurance company providing comprehensive medical, dental, behavioral health, pharmacy, and vision care benefits, based in Bloomfield, Connecticut. The corporation operates across 30 countries worldwide, managing approximately $53.7 billion in total assets and employing around 35,800 personnel as of its 2013 financial reporting. It generates revenue through health insurance premiums and healthcare services, serving a broad client base of corporate employers, individual consumers, and Medicare Advantage members. Under the leadership of Chairman and CEO David Cordani, the firm has pursued significant market consolidation, including the $3.8 billion acquisition of HealthSpring and a blocked $47 billion merger attempt with industry competitor Anthem Inc. The modern iteration of Cigna was officially formed in 1982 through the corporate merger of the Insurance Company of North America and the Connecticut General Life Insurance Company.
Key people at Cigna.
The Cigna Group primarily offers health insurance plans, including medical and dental coverage for individuals and employers, as well as specialized international health insurance and global medical cover.
Yes, The Cigna Group engages in venture capital investments through Cigna Ventures, which has invested in companies such as AristaMD, a virtual medical consultation platform.
The Cigna Group primarily offers health insurance plans, including medical and dental coverage for individuals and employers, as well as specialized international health insurance and global medical cover.
Yes, The Cigna Group engages in venture capital investments through Cigna Ventures, which has invested in companies such as AristaMD, a virtual medical consultation platform.
Key people at Cigna.
Cigna has 2 tracked investments across 1 company. The latest tracked deal is $8.0M Other Equity in Uplift in December 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 14, 2021 | Uplift | $8.0M Other Equity | B Capital Group | BAY Gross, Bobby Green, Vivek Garipalli, BCBS Anthem, CareFirst BlueCross BlueShield, Optum, UnitedHealth Group |
| Dec 1, 2021 | Uplift | $8.0M Series U | B Capital Group | ALI Tamaseb, Matias Ventures, Maven Ventures, MS&AD Ventures, Anne Wojcicki, Asaf Fybish, Fidji Simo, Lily Sarafan, BAY Gross, BCBS Anthem, Bobby Green, CareFirst BlueCross BlueShield, Optum, UnitedHealth Group, Vivek Garipalli |
The Cigna Group is recognized as a global health company with a mission to enhance the health and vitality of the individuals and communities it serves. Its operations span various facets of healthcare, positioning it as a comprehensive health benefits provider in the market.
Cigna Healthcare, a core component of The Cigna Group, delivers a wide array of health insurance plans. These include medical and dental coverage tailored for both individual consumers and employer-sponsored programs. The focus is on providing extensive coverage options coupled with personalized guidance to support members in making informed health choices and improving their overall well-being.
In addition to domestic offerings, Cigna provides international health insurance and global medical cover. These plans are designed to be flexible and can be customized to meet specific needs, supported by a worldwide network of hospitals and healthcare professionals, ensuring global access to care.
The Cigna Group also extends its influence into the broader health innovation landscape through Cigna Ventures. This venture arm actively participates in the ecosystem by investing in companies, such as its participation in an $18 million Series B round for AristaMD, a virtual medical consultation platform.
Overall, The Cigna Group is committed to advocating for better health throughout every stage of life. Its integrated approach, combining insurance products, global services, and strategic investments, underscores its dedication to fostering a healthier future for its diverse clientele.
