Cigna acquires Zurich Insurance Middle East
Cigna in July 2017 announced it had acquired Zurich Insurance Middle East (SAL). The newly-acquired company will be called “Zurich Insurance Middle East, a Cigna-Owned company” in line with local regulations.
Cigna’s strategy in the Middle East is to deliver group health products and services for small businesses and family-owned enterprises through to multinational companies.
Arthur Cozad, former CEO of Cigna Taiwan, has been named as CEO for Middle East markets.
Operating for more than 15 years in the Middle East North Africa (MENA) region, Cigna serves the Gulf Cooperation Council (GCC) markets and Lebanon through its locally regulated entities. Regional headquarters in Dubai International Financial Centre (DIFC) provide management support and shared services across the region.