About Cigna Healthcare
Cigna Healthcare is a company based in Philadelphia (United States) founded in 1792. It operates as a Subscription Services, and Direct-to-Consumer (D2C). The company has 73,500 employees as of December 31, 2024. Cigna Healthcare has completed 11 acquisitions, including Alegis Care, Brighter and Cigna Global Wellbeing Solutions. Cigna Healthcare offers products and services including Health Insurance, Dental Plans, Medicare Plans, and Supplemental Insurance. Cigna Healthcare operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Philadelphia, United States
- Employees 73500 as on 31 Dec, 2024
- Stage Public
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Sectors
HealthcareFinancial Services Technology
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Phone
*********
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Website
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Social
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- Legal Name The Cigna Group
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Annual Revenue
$244.38 B25.21as on Dec 31, 2024
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Net Profit
$3.43 B-33.5as on Dec 31, 2024
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EBITDA
$1.03 M (USD)192.57as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
73500
as on Dec 31, 2024
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Investments & Acquisitions
Alegis Care
& 10 more
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IPO & Listings of Cigna Healthcare
Cigna Healthcare is a publicly listed company on the NYSE with ticker symbol CI in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cigna Healthcare
Cigna Healthcare offers a comprehensive portfolio of products and services, including Health Insurance, Dental Plans, Medicare Plans, and Supplemental Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Health insurance plans are offered for individuals and families.
Dental coverage plans are provided for oral health needs.
Medicare coverage options are available for eligible individuals.
Supplemental policies are offered for additional health coverage.
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Software Development Team
198 people
Leadership Team
149 people
Sales and Marketing
97 people
Senior Team
62 people
Data Analysis and Operations Team
53 people
Operations Team
47 people
Finance and Accounting
39 people
Client Team
38 people
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Funding Insights of Cigna Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cigna Healthcare
Cigna Healthcare has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Alegis Care, Brighter and Cigna Global Wellbeing Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Limited information is provided about Brighter's activities.
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2011 | ||||
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Provider of family asset insurance services
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2010 | ||||
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Developer of affordable houses
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cigna Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cigna Healthcare Comparisons
Competitors of Cigna Healthcare
Cigna Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cigna Healthcare
Frequently Asked Questions about Cigna Healthcare
When was Cigna Healthcare founded?
Cigna Healthcare was founded in 1792.
Where is Cigna Healthcare located?
Cigna Healthcare is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Cigna Healthcare?
David Cordani is the current CEO of Cigna Healthcare.
How many employees does Cigna Healthcare have?
As of Dec 31, 2024, the latest employee count at Cigna Healthcare is 73,500.
What is the annual revenue of Cigna Healthcare?
Annual revenue of Cigna Healthcare is $244.38B as on Dec 31, 2024.
What does Cigna Healthcare do?
Cigna Healthcare is involved in offering a wide range of health insurance plans and products for individuals, families, and employers. Coverage includes medical, dental, Medicare, and supplemental insurance policies addressing various health needs. Services are provided across different life stages, from childhood to retirement, with a focus on physical and emotional well-being. Plans are tailored with virtual care, preventive care, and additional support for chronic conditions. Operations span multiple states in the United States through subsidiaries of The Cigna Group.
Who are the top competitors of Cigna Healthcare?
Cigna Healthcare's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does Cigna Healthcare offer?
Cigna Healthcare offers Health Insurance, Dental Plans, Medicare Plans, and Supplemental Insurance.
Is Cigna Healthcare publicly traded?
Yes, Cigna Healthcare is publicly traded on NYSE under the ticker symbol CI.
How many acquisitions has Cigna Healthcare made?
Cigna Healthcare has made 11 acquisitions, including Alegis Care, Brighter, and Cigna Global Wellbeing Solutions.
What is Cigna Healthcare's ticker symbol?
The ticker symbol of Cigna Healthcare is CI on NYSE.
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