Draft:ManipalCigna Health Insurance
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|  |
| Type | Joint venture |
|---|---|
| Industry | Health Insurance |
| Founded | 2014 |
| Headquarters | Mumbai, India |
Key people | Joydeep Saha (MD & CEO)[1] Richa Chatterjee (CHRO)[2] |
| Parent | Manipal Group, Cigna Healthcare |
| Website | www |
ManipalCigna Health Insurance Company Limited is an Indian standalone health insurance company.[3] It is a joint venture between the Manipal Group and Cigna Healthcare.[4] Manipal Group holds a 51% stake in the company.[5] The company is headquartered in Mumbai and operates across India.[6]
History
ManipalCigna was established in 2014,[7] as a joint venture between Cigna Healthcare, TTK Group and Manipal Group.[8] The company was originally named Cigna TTK Health Insurance Company Limited. In 2019, it was renamed ManipalCigna Health Insurance Company Limited after Manipal Group acquired TTK Group’s 31.48% stake in the business.[8]
The company had a presence in over 400 cities in India and tie-ups with over 9,000 hospitals.[9]
In 2019, the company partnered with IIFL Wealth Finance Ltd., a subsidiary of IIFL Wealth Management Limited, to offer health insurance products to the financial services company's clients.[10]
In 2022, the company launched ManipalCigna Sahi Cover, Discover, Indian health insurance industry’s first online calculator for choosing the right health insurance coverage.[11]
In 2023, IRDAI appointed ManipalCigna Health as the lead insurer for the Karnataka State Awareness Insurance Plan.[12]
In 2024, ManipalCigna launched a policy, Sarvah.[13][14]
The company expanded its presence into Tamil Nadu[15] and Rajasthan.[16] during 2025.[17]
The company’s Sarvah Param health insurance plan includes the “Tatkal Benefit,” that eliminates waiting periods for pre-existing diseases.[18]
Awards
- ManipalCigna’s product ProHealth Insurance voted Product of the Year 2019.[19]
- In 2025, the company was recognised in the "Marketing Campaign of the Year" and "Product Innovation of the Year" categories at the National Feather Awards.[20] Also, the company received the Great Place to Work® certification. [6]
- ManipalCigna’s flagship Sarvah health insurance product received the "Product of the Year 2025" award at the 17th edition of the Product of the Year (POY) Awards.[21]
See also
References
- ^ "ManipalCigna Health Insurance appoints Joydeep Saha as MD & CEO". Retrieved 15 March 2026.
- ^ "ManipalCigna Health Insurance appoints Richa Chatterjee Chief Human Resources Officer". Retrieved 15 March 2026.
- ^ "ManipalCigna Health Insurance launches 'Sarvah' plan with focus on Bharat's missing middle". Retrieved 15 March 2026.
- ^ "ManipalCigna Health Insurance Announces Aggressive Expansion in Tamil Nadu with 10 New Branches". Retrieved 10 January 2026.
- ^ "Manipal to buy TTK stake in Cigna". Retrieved 15 March 2026.
- ^ a b "ManipalCigna Health Insurance Earns Great Place to Work Certification, Reinforcing Its People-First Culture". Retrieved 15 March 2026.
- ^ "ManipalCigna Health Insurance ropes in Manoj Bajpayee as brand ambassador". Retrieved 16 March 2026.
- ^ a b "Manipal Group to up stake in Cigna TTK to 51%, TTK to exit biz". Retrieved 19 January 2026.
- ^ "ManipalCigna Launches Sarvah, the Complete Health Insurance Plan with Special Focus on Bharat's Missing Middle". Retrieved 14 January 2026.
- ^ "ManipalCigna Partners with IIFL Wealth to Provide Global Health Insurance Cover for HNI Customers". Retrieved 6 March 2026.
- ^ "ManipalCigna Health launches health insurance coverage calculator". Retrieved 13 March 2026.
- ^ "IRDAI appoints ManipalCigna Health as lead insurer for Karnataka state awareness insurance plan". Retrieved 8 February 2026.
- ^ "ManipalCigna launches comprehensive Sarvah health insurance plans; premium details". Retrieved 25 March 2026.
- ^ "ManipalCigna Sarvah health insurance will cover expenses for organ donation". Retrieved 1 March 2026.
- ^ "ManipalCigna Health Insurance aims to grow footprint in TN". Retrieved 30 March 2026.
- ^ "ManipalCigna aims to triple business in Rajasthan with affordable health insurance". Retrieved 26 March 2026.
- ^ "ManipalCigna Health Insurance's Award-Winning Product 'Sarvah' Speeds Up in Tamil Nadu". The Covai Mail. Retrieved 1 June 2026.
- ^ "Manipal Cigna Sarvah Param health insurance offers Tatkal benefit with day 1 coverage". Retrieved 18 March 2026.
- ^ "ManipalCigna's Product ProHealth Insurance Voted Product of the Year 2019". Retrieved 26 January 2026.
- ^ "ManipalCigna Health Insurance clinches two prestigious awards at the 3rd edition of the National Feather Awards". Retrieved 21 March 2026.
- ^ "ManipalCigna Sarvah wins Product of the Year 2025 in health insurance". Retrieved 18 March 2026.
Category:Financial services companies established in 2014 Category:Privately held companies of India
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