Cigna New York Life at Life

Cigna New York Life. New york life is all set to acquire cigna’s group life and disability insurance for $6.3 billion. Accidental injury, critical illness, and hospital care plans or insurance policies are distributed exclusively by or through operating subsidiaries of cigna corporation, are administered by cigna health and life insurance company, and are insured by either (i) cigna health and life insurance company (bloomfield, ct);

Go back to our newsroom to read more stories. Watch new york life insurance president, craig desanto, talk about our acquisition of cigna group insurance and how it enhances the protection solutions we can provide to those we serve. In 2019, new york life insurance bought out cigna’s disability and life division.

Galina Raykin, LCSWR

The given acquisition is expected to close by the third quarter of 2020, keeping in mind. Prior to being acquired by new york life insurance company in december 2019 for $6.3 billion, cigna was one of the top five largest group disability insurers in the us. The new york life insurance company is one of the largest insurance companies in the world. Get the best quote and save 30% today!