ANTWERP, Belgium, 07 September, 2016 - Cigna Corporation (NYSE: CI), through its global expatriate business segment - Cigna Global Health Benefits, today announces the expansion of their partnership with African-based insurer, the Hollard Insurance Group (Hollard).
This partnership responds to the need for a fully compliant health insurance option in sub-Saharan Africa with the creation of a new product called Hollard Cigna Health. The legal requirements of globally mobile staff as well as regional expats and key local nationals from corporations with operations in the region are met with this carefully tailored solution.
With Cigna’s expertise in global health solutions and Hollard’s brand recognition and local knowledge of the markets in Africa, clients are set to benefit from their unified experience and capabilities. The partnership utilises its ISO-certified procedures and is able to cater to national demand across the region with a single health insurance product. Multinational corporations seeking to build a presence in sub-Saharan Africa and companies already established there now have easy access to an all-in-one solution.
Brooks Mparutsa, CEO Hollard International, commented on the partnership, “Each African market has its own unique legislative demands, its own history and its own expectations. This is why it’s important to have local knowledge – and it is part of the reason why our recognised presence in Africa offers tremendous added value. We believe that adding this understanding and our unique, market-related partnership approach to Cigna’s extensive global experience in health care insurance and medical claims administration creates an exciting proposition for entities throughout sub-Saharan Africa.”
David Maltby, President, Cigna Global Health Benefits commented, “Transparency and simplicity play a vital role in our mission to support the health, well-being and sense of security of the people we serve. Through this broadened partnership with Hollard, we are now able to extend Cigna’s service, bringing high quality and affordable health care to our clients, customers and partners in Africa. This partnership allows us to strengthen global relationships, extend our reach and simplify the opportunity for our clients to access compliant regional solutions not available before now.”
For more details on this unique service offering please visit www.hollardcignahealth.com
Cigna Corporation (NYSE: CI) is a global health service company dedicated to helping people improve their health, well-being and sense of security. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and Cigna Life Insurance Company of New York. Such products and services include an integrated suite of health services, such as medical, dental, behavioural health, pharmacy, vision, supplemental benefits, and other related products including group life, accident and disability insurance. Cigna maintains sales capability in 30 countries and jurisdictions, and has more than 90 million customer relationships throughout the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.
About the Hollard Insurance Group
As South Africa's largest privately-owned insurance group, the Hollard Insurance Group includes the Hollard Insurance Company, Hollard Investment Managers and Hollard Life Assurance Company. Established in 1980, the Group provides short-term (auto and property and casualty) and life insurance as well as investment products to a diverse customer base including individual consumers, commercial entities and corporate clients. It ranks among a growing number of companies advocating an inclusive growth model, measuring its social dividends aside its shareholder contributions. The group embraces 6 million policy holders in 16 countries on four continents. Hollard employs more than 3000 people across the globe and posted R16.5bn ($1.24bn) in premium income in the year to 30 June 2015.
View source version on businesswire.com:http://cigna.newshq.businesswire.com/press-release/cigna-global-health-benefits/cigna-global-health-benefits-deepens-partnership-hollard