Becker's Healthcare January 13, 2022
From its roots as one of the country’s oldest insurers to its leading efforts in the pharmacy benefit management space, here are 20 things to know about Cigna.
Company Basics
1. Cigna was founded in 1792 as the Insurance Company of North America, the country’s first marine insurer and its oldest stockholder-owned payer.
2. As the Insurance Company of North America, the company paid claims for 1871’s Chicago Fire, covered those affected by the 1906 San Francisco earthquake and subsequent fires, and insured 30 members of the Manhattan Project in 1942.
3. Cigna was formed by a merger between Connecticut General Corp. (CG) and the Insurance Company of North America (INA). Its new name comes from a combination...