Medindia

X

Cigna and TTK Announce Joint Venture To Sell Health Insurance In India

by Lyju Kuruvilla on  January 19, 2012 at 11:56 AM Health Insurance News   - G J E 4
Cigna Corp, pushing forward its overseas expansion strategy, announced a joint venture with the TTK Group, an Indian consumer goods firm, to sell health insurance across India.
 Cigna and TTK Announce Joint Venture To Sell Health Insurance In India
Cigna and TTK Announce Joint Venture To Sell Health Insurance In India
Advertisement

The insurance will be sold under the name Cigna TTK, and its headquarters would be in Mumbai. Cigna TTK would develop and sell individual health insurance and supplemental coverage as well as health benefits for expatriates in India.

Advertisement
India's regulatory authorities is yet to approve the joint venture. The operations are expected to start in 2013. Local workforce would be built in Mumbai because it offers an attractive pool of applicants in the workforce.

Cigna TTK said that they have the expertise in offering solutions which would improve the customers' health while managing cost. Cigna picked TTK because it was familiar with the Indian consumers.

TTK Group was pleased to partner with Cigna and would continue to deepen their relationship with the consumers of India. With its expertise in global healthcare, Cigna has demonstrated a keen interest in India and the well being of its citizens.

Source: Medindia
Advertisement

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions

You May Also Like

Advertisement
View All