Cigna and OnePath now one

The transfer of the OnePath business to Cigna was completed on January 31, after Reserve Bank approval.

The combined business now operates as Cigna Life Insurance New Zealand Limited (Cigna), which is part of Cigna Corporation.

Cigna has been working to combine the two businesses since November 2018 when it completed the purchase of OnePath from ANZ New Zealand. With its New Zealand businesses now combined, Cigna has also brought the two together under one brand and re-launched its website to reflect its extended product and service offering.

Chief executive Gail Costa said: “We’re proud to have completed the final phase of the acquisition so quickly and are thrilled to welcome all OnePath customers to Cigna. This is a huge milestone for our business, we now have a solid foundation for growth, and a platform to continue looking after the 450,000 customers we protect.