Cigna TTK Health Insurance Company Limited, a joint venture between the U.S. based global health service leader, Cigna Corporation, and Indian conglomerate TTK Group, has received the regulatory - license from the Insurance Regulatory and Development Authority (IRDA) on 13th November, 2013 and is set to commence its operations soon.
Announcing this development, Sandeep Patel, Managing Director & CEO, Cigna TTK Health Insurance said, "We are happy to announce that we have received the regulatory approval from IRDA to commence operations in India. We would like to thank the IRDA for its support throughout the licensing process.
â€śWe are truly excited to mark our presence here and bring to life Cigna TTKâ€™s mission to improve the health, well-being and sense of security of the people we serve. We will strongly leverage Cignaâ€™s global health services experience and expertise, and the trust, credibility and experience of the TTK group to offer an innovative suite of products backed by an enhanced customer experience. To support this, we have extensively invested in state-of-the-art technology, to give customers and distributors a completely hassle-free and personal experience."
Cigna TTK is a stand-alone health insurance company, headquartered in Mumbai and will look to roll out a pan India presence.
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