Cigna TTK

Cigna TTK is an Indian health insurance firm established as a joint venture between the Cigna, the global insurance player and TTK Group, an Indian conglomerate.^[1] Cigna TTK Health Insurance Company Limited is a standalone health insurance company and was incorporated on 12 March 2012, under the Company’s Act of 1956.

Cigna is a global health services company which is listed on the NYSE (NYSE: CI) and is headquartered in Bloomfield, Connecticut, USA. The company has operations in 31 countries including USA, United Kingdom, China, Spain, Korea, Indonesia, New Zealand, Taiwan, Turkey, Thailand and India.

TTK Group is an industry conglomerate based in Chennai, India. The company had different business interests including medical devices (Dr. Scholl’s, Chitra heart valves), contraceptives (Skore, Durex, and Kohinoor), consumer goods (Woodward’s gripe water) & kitchenware (Prestige pressure cookers).

History

Cigna TTK (Cigna TTK Health Insurance Company Limited) was formed as a Joint Venture between Cigna Corporation in November, 2011.^[2] Cigna Corporation and TTK have 26% and 74% of the joint venture as per the Indian regulations. The Company was granted IRDA approval^[3] in November, 2013 paving the way for a formal launch of its services in India in February 2014.^[4]

Offices

CignaTTK has offices in the following Indian cities:^[5]

• Delhi
• Mumbai
• Kolkata
• Chennai
• Bangalore
• Hyderabad

Products and Services

Cigna TTK offers health insurance plans for individuals.

References

External links

• Official website