Cigna TTK Health Insurance, a joint venture between Cigna Corporation (U.S.), TTK Group, and Manipal Group, has officially rebranded as ManipalCigna Health Insurance Company Limited after regulatory approvals.
Cigna Corporation retains 49% stake
Manipal Group increases stake to 51%
TTK Group plans to exit after regulatory clearance
New Identity:
The company has launched a new logo and website (www.manipalcigna.com). All business going forward will be under the new name.
Leadership Statements:
Jason Sadler (Cigna International Markets) emphasized India’s growing insurance sector and the strengthened position with Manipal Group partnership.
Dr. Ranjan Pai (Chairman, Manipal Group) highlighted the synergy between Manipal’s healthcare expertise and Cigna’s global health and wellness capabilities, aiming to improve healthcare access across India.
Prasun Sikdar (MD & CEO, ManipalCigna) reaffirmed commitment to customer health and well-being, promising superior customer experience and market expansion.
Business Continuity:
The rebranding does not affect existing policies, business models, agents, or partnerships. Management and staff remain unchanged.
Background:
Manipal Group is known for integrated healthcare services including hospitals and education.
Cigna Corporation has 200+ years of experience, serving over 160 million customers worldwide.
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