Articles tagged with 'Cigna'
Chubb boss to retire
3 September 2024 - Chubb Life chief executive plans to retire next year after 40 years in the life insurance industry.
Cigna locks in new name
12 March 2023 - Cigna New Zealand has changed its name to Chubb Life Insurance New Zealand and is now operating under the Chubb brand.
FMA lands its biggest ever penalty
17 January 2023 - Cigna Life Insurance has been ordered to pay $3.57 million for making false and/or misleading representations relating to inflation benefits in certain life insurance policies provided by the company.
Cigna offering free cover - for some
9 November 2022 - With the busy season fast approaching, Cigna Life Insurance wants to help its customers lighten the load and ensure they have the protection they need as part of their summer customer campaign.
Latest actuary scholarship awarded
28 September 2022 - Zoë Mason, a Victoria University of Wellington student, has been awarded the 2022 Cigna New Zealand Victoria University Actuarial Scholarship.
Cigna offers free specific injury cover offer
5 September 2022 - Cigna is helping New Zealanders to protect against the unexpected by offering eligible new customers $2,000 free Specific Injury Cover for 12 months.
Cigna's latest enhancements to non-medical limits and requirements
2 September 2022 - Cigna's latest underwriting enhancements are designed to make it even easier for advisers to get their customers covered, faster.
Cigna admits making error
10 August 2022 - An error discovered by Cigna has seen it pinged by the regulator who says this is a case about treating customers fairly.
Cigna makes new board appointment
7 July 2022 - Cigna New Zealand has appointed a new independent director.
Cigna now Chubb
4 July 2022 - Giant US insurer Chubb Life has formerly taken over Cigna in New Zealand and is stressing it is business as usual.
Cigna plans income protection offer for grads, tweaks eApp
19 May 2022 - Cigna New Zealand is working on an income protection offer aimed at young professionals who are new to the workforce.
Cigna pays 93% of claims
2 May 2022 - Cigna, which is soon to become Chubb, has reported 12% premium growth in the past financial year
Cigna extends adviser-only campaign
22 December 2021 - Cigna is extending its 'Good things come in twos' offer to advisers and is backdating the campaign to December 17.
Cigna employs five senior staffers
8 December 2021 - Cigna New Zealand, which is soon to be rebranded as Chubb, has appointed five new faces to bolster its senior underwriting and business support teams.
Cigna helps advisers meet regulation requirements
8 December 2021 - Cigna New Zealand has released the first of a series of improvements to help independent financial advisers stay on top of their regulatory obligations.
Cigna to rebrand as Chubb
2 December 2021 - It's been a big year of change at Cigna New Zealand and 2022 will be even bigger with an upcoming rebrand, the launch of a new advertising campaign, and changes to its income and mortgage protection covers.
Covid vaccination status a watching brief for NZ insurers
25 November 2021 - New Zealand life insurers are keeping a close eye on developments regarding the vaccination status of their clients but say it's too early to make any policy or underwriting decisions.
Former Fidelity exec joins Cigna
11 November 2021 - Cigna has appointed Fidelity's former national sales manager to its team.
Cigna campaign benefits customers and advisers
9 November 2021 - Two months since launching its "good things come in twos campaign", Cigna New Zealand says the business has been overwhelmed with positive feedback.
Business as usual after Cigna sell-off
21 October 2021 - The surprise sale of Cigna Corporation's life insurance business to global giant Chubb should not make much difference to its New Zealand operation say those in the industry.
Cigna ups offers to advisers - enhances products
20 October 2021 - Cigna New Zealand has made a series of enhancements to its product and service offerings including a new "pay later" feature and making its multi-policy discount permanent.
Cigna business sold
8 October 2021 - In a surprise move Cigna has announced that it has sold it life business to another large US insurer.
Cigna beefs up tech team
1 October 2021 - Cigna New Zealand has announced the appointment of two top technology bods as it scales up its efforts to develop a market-leading digital experience for customers, advisers and stakeholders.
Cigna NZ announces two new deals
13 September 2021 - Customers and advisers working with Cigna New Zealand can now take advantage of the life insurer's latest 'good things come in twos' campaign.
Cigna appoints experienced lawyer to its leadership team
26 August 2021 - Cigna New Zealand has announced the appointment of an experienced lawyer and business executive to join its leadership team as its new General Counsel and Chief Risk Officer.
Experienced BDM moves to Cigna
19 August 2021 - Cigna New Zealand has recruited a new business partnerships manager to join the life insurer's Auckland office.
Cigna scholarship boost for aspiring actuary
14 July 2021 - Declan Barrett, a Victoria University of Wellington student, has been awarded the 2021 Cigna Victoria University Actuarial Scholarship.
[The Wrap] Hurrah! Big banks exit life insurance
11 July 2021 - All the big banks have now exited the life insurance space - and that is probably a good thing.
Cigna extends multi-benefit discount
28 June 2021 - Cigna NZ says it has extended its multi-benefit discount offer to new customers and customers taking out new cover, until October 31.
Cigna signals changes to its growing distribution team
18 June 2021 - Cigna’s latest round of distribution team appointments sees four new faces join the life insurer from across the country.
Cigna applies new commissions for advisers
16 April 2021 - Cigna New Zealand has released details of its new commission structure that came into force at the beginning of this week.
Cigna unveils significant changes
8 April 2021 - Monday, April 12 is set to be a big day for Cigna in New Zealand when the company rolls out a range of new technology solutions, a new commission structure, new underwriting rules and a new specific injury cover product to the local market.
Cigna retains strong AM Best financial rating
30 March 2021 - A "very strong" balance sheet and "stable outlook" has seen AM Best reaffirm its Financial Strength Rating for Cigna New Zealand.
Cigna retains high Financial Strength Rating
29 March 2021 - Cigna New Zealand has announced that A.M. Best has reaffirmed its Financial Strength Rating of A (excellent) and Long-Term Issuer credit rating of "a" - "with stable outlooks".
[Opinion] Embracing change key to supporting advice
8 January 2021 - Gail Costa, Cigna New Zealand chief executive, reflects on 2020 and how embracing change is vital to the future of advice.
Cigna’s adviser network strengthens with swathe of new appointments
16 December 2020 - Focusing on growth in the adviser market, Cigna New Zealand has announced its expansion across the country with several key appointments.
Cigna announce double appointment to its board
2 December 2020 - Cigna bring on a pair of fresh faces to bolster its board.
Cigna policy enhancements and new adviser toolkit announced
29 November 2020 - Changes made across categories have been informed by feedback from advisers, says David Haak, general manager distribution.
Cigna Life appoint new GM of distribution
5 October 2020 - Cigna New Zealand have announced a new appointment to the role of general manager - distribution.
Cigna announces multi-benefit discount on new policies
15 September 2020 - Cigna has announced a multi-benefit discount affecting new policy customers
Cigna appoints chief risk officer
15 July 2020 - Insurer Cigna has hired a new chief risk officer.
Harking back to the old days
9 July 2020 - Cigna has taken on a well-known insurance industry identity to strengthen its adviser offering.
Cigna tweaks non-medical limits
2 July 2020 - Cigna New Zealand (Cigna) has announced the release of new non-medical limits for its Assurance Extra and Business Assurance product suites.
Industry unites in message to select committee
11 June 2020 - The Finance and Expenditure select committee has heard a “concerted message” from the financial services sector, its chair Deborah Russell says.
CoFI submitters: Slow down
8 June 2020 - New Zealand’s financial services sector has asked for more time to be spent on developing the Conduct of Financial Institutions Bill – and warned there could be unintended consequences of the bill in its current form.
Cigna boosts commission
14 May 2020 - Cigna will double service commission payments to financial advisers through June and July.
Insurers hoping for loyalty out of Covid-19 offers
12 May 2020 - Insurers say helping advisers through the Covid-19 economic disruption was part of their motivation for offering client relief packages.
Cigna offers enhancements, online quote tool
11 May 2020 - Cigna is launching a new online quote tool, designed to help boost efficiency and improve advisers’ experience of working with the company.
What life insurers are offering your customers under Covid 19
15 April 2020 - Strategy Financial has provided a checklist, and comment, on the support offered by the various LIFE insurers for customers experiencing financial hardship due to Covid 19.
Cigna offers new commission options
15 April 2020 - Cigna is rolling out new commission structures for level-premium products.
Cigna confirms hardship policy
8 April 2020 - Cigna has revealed its Covid-19 hardship policy, which it says is designed to take financial pressure off customers.
Cigna joins redundancy cover freeze
24 March 2020 - Cigna is joining Fidelity Life and Partners Life in putting a hold on new sales of redundancy cover.
Cigna and OnePath now one
3 February 2020 - Cigna has successfully combined its OnePath and Cigna New Zealand businesses.
nib and Cigna join forces
11 December 2019 - Nib and Cigna have entered into a joint venture, which they say has the specific purpose of delivering better health outcomes for members and communities in New Zealand and Australia.
Major milestone for Cigna
23 September 2019 - Cigna, which acquired OnePath Life last year, is on the verge of reaching "a huge milestone".
OnePath to disappear
6 August 2019 - Cigna is intending to combine its two businesses by transferring the OnePath Life insurance business to Cigna Life Insurance New Zealand.
Future actuary rewarded
17 July 2019 - Cigna New Zealand has awarded a $5,000 scholarship to a future actuary to help cover her tertiary fees. Ntombiyothando (Thando) Siziba won the Cigna Actuarial...
Insurers put spotlight on conduct processes
11 July 2019 - Insurance companies have supplied regulators with their plans to ensure better industry conduct.
Cigna reveals OnePath changes
25 June 2019 - Cigna has released its second round of changes to its OnePath Life product range.
Cigna to support kids' mental health
9 May 2019 - Cigna New Zealand and Life Education have partnered to develop Small Changes Whānau Challenge, a new take-home resource that will support classroom learning about kids’ mental health and wellbeing.
Cigna plans OnePath changes
12 April 2019 - Cigna has revealed a suite of changes, including product enhancements and updates to the application process.
Cigna expands into South Island
10 April 2019 - Cigna has officially opened its new office in Christchurch, the organisation’s first move into the South Island.
OnePath rating cut
21 December 2018 - OnePath has had its financial strength and issuer credit rating downgraded by S&P.
Cigna appoints from OnePath
11 December 2018 - A week after Cigna’s official acquisition of ANZ’s One Path, Cigna said its new team was settling in well.
OnePath put on negative credit watch following sale
5 December 2018 - Ratings agency Standard and Poors has put OnePath on CreditWatch with negative implications because of its new parent company’s corporate actions.
OnePath deal done
30 November 2018 - ANZ says it has completed the sale of OnePath to Cigna.
Cigna: Adviser channel an exciting change
20 November 2018 - Cigna chief executive Gail Costa says the addition of the adviser channel will mean positive changes for her business.
Date set for OnePath/Cigna merger
19 November 2018 - OnePath and Cigna become one at the end of this month.
Date for deal to be revealed
16 November 2018 - ANZ is set to announce the date for the transfer of its OnePath insurance business to Cigna.
Final hurdle passed for OnePath deal
31 October 2018 - The final regulatory approval has been granted from the Reserve Bank and the Overseas Investment Office for Cigna's acquisition of ANZ’s OnePath Insurance business.
Cigna: Underwriting tool will help advisers
31 October 2018 - Cigna says new underwriting technology it is adopting will help financial advisers once the OnePath business is integrated into its operations.
Cigna backs kids' mental health
19 September 2018 - Cigna New Zealand has partnered with Life Education Trust to support mental health education in schools.
Cigna rebrands to target the young
3 July 2018 - Cigna Insurance, which has agreed to buy OnePath, has launched a new brand campaign, which it hopes will resonate with younger New Zealanders during...
Cigna cuts ties with LifeDirect
28 June 2018 - Cigna insurance products will no longer be offered by online platform LifeDirect. It said Fidelity life and nib were altering their rates for the new financial...
Rating agency reviews OnePath Life
20 June 2018 - S&P Global Ratings said it has affirmed its 'A+' financial strength and issuer credit ratings on OnePath Life, however the outlook remains negative...
Gail Costa returns to NZ role
19 March 2018 - Cigna New Zealand has appointed Gail Costa as its new chief executive. Costa has been on the Cigna New Zealand board since 2012, and returns after assignments...
New board at FSC
17 November 2017 - The Financial Services Council has elected a new board at its recent annual meeting. Chief executive Richard Klipin said the FSC is in good shape financially...
Insurers could do better: FSC
3 July 2017 - Insurers have work to do to better comply with their disclosure requirements, the Financial Services Council says.
