Anthem Announces Agreement to Acquire Cigna
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SAN DIEGO, July 24, 2015 - On July 24, 2015, two of the nation’s largest health insurance companies, Anthem, Inc. (“Anthem”) and Cigna Corporation (“Cigna”), announced an agreement to form a global health service company. Anthem’s acquisition of Cigna is expected to be complete in the second half of 2016 and both companies will conduct “business as usual” until further notice. It is important to note that this does not alter your current contractual relationship with either organization.
In a statement released by Cigna to their broker partners, including Barney & Barney, the company believes a combined organization will complement the strengths of each company and will allow both to better serve their customers. Anthem highlighted the organizations’ shared history of providing affordable and high-quality programs. Anthem also said they would maintain a commitment to investing in innovation.
As your employee benefits broker, Barney & Barney, a Marsh & McLennan Insurance Agency LLC Company, we will continue to provide important updates regarding this acquisition. In the meantime, we encourage you to visit BetterHealthCareTogether.com and review the Announcement and Fact Sheet provided by our carrier partners.
About Barney & Barney
Barney & Barney is one of the nation’s leading insurance brokerages, offering a comprehensive line of risk management and employee benefit solutions. The firm specializes in commercial property and casualty insurance, employee benefits, workers’ compensation, compensation consulting, executive liability, personal lines and surety. In 2014, Barney & Barney joined Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh Inc., the world’s leading insurance broker and risk advisor. Barney & Barney has offices in San Diego, San Francisco, Walnut Creek and Orange County. For more information, visit www.barneyandbarney.com, or call 800.321.4696.