Insurance firm Cigna opens Mena office in DIFC

Cigna Corporation, a global health insurance and service company, opened its regional management office for the Middle East and North Africa markets at the Dubai International Financial Centre (DIFC). By establishing its presence at DIFC, Cigna marks a new phase in its operations as it expands the reach of its health services and solutions in the region.

Headed by Jai Verma, senior executive officer and global B2G segment lead, Cigna's team at DIFC will offer management assistance and specialist services to its regulated entities across the GCC.

Arif Amiri, CEO of DIFC Authority, said: "With the healthcare industry in the GCC region projected to grow to $71.3 billion by 2020, the opening of Cigna's new regional management office is well-timed to leverage this market potential. We look forward to enabling Cigna to achieve its growth objectives across the region, with the support of our legal and regulatory framework that meets the requirements of global insurance companies."

Jason Sadler, president of Cigna International Markets, said: "The UAE offers a strategic edge for global businesses with its advanced regulatory environment, unparalleled connectivity and access to several high-growth markets. At Cigna, we recognise the long-term value this creates for our business and the people we serve."

Howard Gough, CEO of Cigna for the Mena region and Gipmi, said: "Cigna has been present in the region for over 15 years, and continues to remain committed to delivering superior quality healthcare services for clients. We will make a significant impact across the region through this strategic hub at DIFC."

Source: Khaleej Times