- Cigna Worldwide Insurance Company is the first international health insurance provider to receive a branch license from the Saudi Central Bank to operate as a health insurer in the Kingdom of Saudi Arabia
- Cigna will introduce a new proposition in the Kingdom, focused on offering localized health solutions with global capabilities
- Cigna is committed to the growth of the health insurance sector in the Kingdom, in line with Vision 2030
RIYADH, Saudi Arabia, Feb. 6, 2023 /PRNewswire/ — Cigna Worldwide Insurance Company today announced that it has received an official branch license from the Saudi Central Bank (SAMA) to operate as a health insurer in the Kingdom of Saudi Arabia.
The announcement makes Cigna Worldwide Insurance Company the first international insurance provider to receive a branch license to operate in the Kingdom. Cigna Worldwide Insurance Company is part of the global Cigna group of health services companies serving over 180 million customers and patients in over 30 countries around the world (Cigna).
This license will enable Cigna to offer its best-in-class high-quality, affordable, and localized health insurance solutions, backed by its global capabilities to individuals, companies, and government entities in the Kingdom.
Cigna is committed to the growth of the health insurance sector in the Kingdom, in line with Vision 2030.
“This marks a significant milestone for Cigna in the Kingdom and across the Middle East and Africa region,” said Jason Sadler, president, Cigna International Health. “The license enables us to deliver a stronger value proposition, access, and service to our clients through a host of proprietary health and well-being products and services. Cigna has been in the region for nearly two decades, initially through local partners and then independently. We have a deep-rooted knowledge of the Middle East health insurance market, which helps us