The Cigna Group
Leading American multinational managed healthcare and insurance company providing health insurance, pharmacy benefits management, and healthcare services globally.
Company Type
public
Founded
1982
Headquarters
Bloomfield, Connecticut, USA
Stock
NYSE: CI
Revenue
approximately $245.7 billion (FY2024)
Employees
Approximately 71,000
Primary Market
Global
About The Cigna Group
The Cigna Group operates through several key business segments focused on healthcare services and insurance. The company's core offerings include health insurance, pharmacy benefits management, and other health-related products and services.
The company provides medical, dental, disability, life, and accident insurance products primarily through employers and other groups, including governmental organizations, unions, and associations. Cigna's pharmacy benefits management services are delivered through Express Scripts, which manages prescription drug benefits for millions of Americans.
Cigna also offers international health insurance products and services through its global operations, serving customers in over 30 countries. The company has expanded into digital health services and telemedicine to enhance access to healthcare for its customers.
The Cigna Group employs approximately 74,000 people worldwide and generates annual revenues exceeding $180 billion. The company serves millions of customers globally, making it one of the largest healthcare insurance companies in the world.
History of The Cigna Group
The Cigna Group traces its origins to 1982 when the Connecticut General Life Insurance Company (CG) merged with the Insurance Company of North America (INA) to form Cigna. Connecticut General was founded in 1865 in Hartford, Connecticut, while INA was established in 1792 in Philadelphia, making it one of the oldest insurance companies in America.
Throughout the 1980s and 1990s, Cigna expanded through acquisitions and diversification into various insurance and healthcare services. The company grew its international operations and expanded into managed healthcare, pharmacy benefits management, and other health-related services.
In 2018, Cigna completed a landmark $67 billion acquisition of Express Scripts, one of the largest pharmacy benefits management companies in the United States. This acquisition transformed Cigna into a more comprehensive healthcare services company with significant capabilities in pharmacy benefits management.
In February 2023, the company changed its name from Cigna Corporation to The Cigna Group to better reflect its diverse portfolio of businesses and global healthcare services. The rebranding emphasized the company's evolution beyond traditional health insurance into a broader healthcare services organization.
The Cigna Group Sustainability & Ethics
The Cigna Group maintains comprehensive sustainability and ethics practices organized under four pillars: Healthy Society, Healthy Workforce, Healthy Environment, and Healthy Company. The company's ESG framework demonstrates commitment to corporate responsibility and sustainable business practices across all operations.
Healthy Society:
- Sustainable Health Care: Focus on delivering sustainable health care services that improve long-term health outcomes and reduce healthcare costs
- Product Service and Quality: Commitment to high-quality healthcare services and product excellence across all business segments
- Health Equity: Programs and initiatives to address health disparities and improve healthcare access for underserved communities
- Community Resilience: Support for community resilience through disaster response, health equity investments, and community engagement programs
Healthy Workforce:
- Employee Health, Safety, and Vitality: Comprehensive programs supporting employee physical and mental health, workplace safety, and overall wellbeing
- Inclusion Within Workforce: Diversity, equity, and inclusion initiatives across all levels of the organization
- Human Capital Development: Ongoing training, development, and career advancement opportunities for employees
- Community Engagement: Employee volunteer programs and community service initiatives supported by paid time off
Healthy Environment:
- Climate Change and Emissions: Climate change risk assessment and emissions reduction programs across operations
- Sustainable Operations: Environmentally responsible business practices and sustainable resource utilization
- Green Building Initiatives: LEED-certified facilities and environmentally friendly workplace practices
- Supply Chain Sustainability: Responsible sourcing and supplier relationship management
Healthy Company:
- Leadership and Accountability: Strong corporate governance with ethical leadership and accountability frameworks
- Business Ethics and Compliance: Comprehensive ethics programs, compliance training, and regulatory adherence
- Data Protection: Robust data privacy and security measures to protect sensitive information
- Responsible Supply Chain: Ethical supplier management and responsible sourcing practices
The company publishes comprehensive sustainability reports and participates in various ESG rating systems, demonstrating transparency in its environmental, social, and governance performance.
Awards & Recognition
The Cigna Group has received significant recognition for its enterprise performance, workplace excellence, and ESG leadership in the healthcare industry.
Enterprise Performance:
- Fortune 500 (2025): Ranked No. 13 on Fortune 500 list of largest U.S. corporations by revenue
- Fortune Global 500 (2025): Ranked among top 500 companies worldwide by revenue
- Fortune World's Most Admired Companies: Recognized by industry peers for corporate reputation and leadership
- Fortune America's Most Innovative Companies: Recognition for innovation in healthcare delivery and technology
- Fair360 Top 50 Companies (2024): Ranked No. 7 for workplace practices, philanthropy, leadership accountability, supplier fairness, human capital, and talent programs
Workplace Excellence:
- Great Places to Work: Certification for workplace culture and employee experience
- Human Rights Campaign Equality 100 Award: Perfect score for LGBTQ+ workplace equality
- Disability Equality Index: Recognition for disability inclusion and accessibility
- Veteran Support: Recognition for veteran employment initiatives and military family support programs
- Community Engagement Awards: Multiple recognitions for community involvement and philanthropic efforts through Cigna Foundation
Leadership Recognition:
- CEO David Cordani: Recognition for leadership in healthcare transformation and innovation
- Sarah London: Multiple recognitions including Modern Healthcare leadership and industry influence
- Board Excellence: Recognition for corporate governance practices
These awards reflect Cigna's position as an industry leader in managed healthcare, commitment to workplace excellence, and innovation in healthcare delivery and sustainability practices.
Brands Owned by The Cigna Group
The Cigna Group owns 4 brands in our database.
Cigna Dental
Owned by The Cigna Group
American dental insurance brand providing dental coverage plans, preventive care services, and oral health solutions for individuals, families, and employer groups.
Cigna Healthcare
Owned by The Cigna Group
American health insurance brand providing medical coverage, health plans, and wellness services for individuals, families, and employers through various insurance products.
Cigna Pharmacy
Owned by The Cigna Group
American pharmacy services brand providing prescription drug coverage, medication management, and pharmacy benefits through integrated healthcare and pharmacy solutions.
Express Scripts
Owned by The Cigna Group
One of the largest pharmacy benefits managers in the United States, owned by The Cigna Group and operating within its Evernorth Health Services division.
Shop The Cigna Group Brands
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Stock Information
The Cigna Group Ownership: Pros & Cons
Advantages
- +Diversified healthcare services portfolio reducing reliance on single segments
- +Strong market position in pharmacy benefits management through Express Scripts
- +Global presence providing geographic diversification
- +Integrated healthcare delivery model
- +Strong relationships with employers and healthcare providers
Considerations
- -Regulatory scrutiny over healthcare pricing and practices
- -Complex healthcare regulations affecting operations
- -Competition from other large insurance companies and healthcare providers
- -Pressure on healthcare costs and pricing transparency
- -Balance between growth and regulatory compliance in healthcare
Frequently Asked Questions About The Cigna Group
Is Cigna a subsidiary of another company?
The Cigna Group is an independent, publicly traded corporation with no parent company. The company operates independently with its own management structure and board of directors, though it was formed through the merger of Connecticut General and INA in 1982.
Is Cigna publicly traded?
Yes, The Cigna Group is publicly traded on the New York Stock Exchange under the ticker symbol CI. The company has been publicly traded since its formation in 1982, allowing investors to purchase shares and own a portion of the company.
When was Cigna founded?
The Cigna Group was founded in 1982 through the merger of Connecticut General Life Insurance Company (founded 1865) and Insurance Company of North America (founded 1792). The company was renamed The Cigna Group in February 2023.
Who founded Cigna?
The modern Cigna was created through the merger of Connecticut General Life Insurance Company and Insurance Company of North America. The merger brought together two established insurance companies to create a comprehensive healthcare and insurance organization.
What is Cigna's market position?
The Cigna Group is one of the largest healthcare insurance companies globally by revenue and market capitalization. The company maintains strong positions in health insurance, pharmacy benefits management through Express Scripts, and international health insurance markets.
Sources & Further Reading
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