Cigna to Acquire Great American Supplemental Benefits

The combination provides Cigna with opportunities for additional growth by:

• Expanding individual supplemental benefits offerings to Cigna customers in the U.S.;
• Bringing a scaled offering to the seniors segment, with capabilities in Medicare supplement and other supplemental benefits;
• Extending Cigna’s global direct-to-consumer retail channel; and
• Further enhancing Cigna’s distribution network of agents and brokers.

“We are excited to have Great American’s talented team, led by their president, Brad Wolfram, join the Cigna organization,” Richards said. “Their product portfolio and distribution channels combined with Cigna’s next generation retail capabilities will further enhance our U.S. and international consumer services. We will work to create substantial value for our customers, shareholders, employees and other key stakeholders as we extend our health solutions and services across the individual and senior segments.”