Cigna is leaving the UK domestic market for healthcare trusts and private medical insurance (PMI).
Currently, the insurer’s UK Employer Health medical products unit, which will close, offers group PMI schemes and healthcare trust administration.
The domestic dental plans offered by Cigna and the Cigna Global division, which offers worldwide PMI products to UK customers, won’t be impacted.
The firm says: “We can confirm that Cigna has been exploring how to take its UK Employer Health medical products in the UK forward.
“Following a strategic business review and after carefully considering all options, the decision has been made to stop providing the UK Employer Health medical products in the UK.
“This decision enables Cigna to deepen its strategic focus on global healthcare and health services, including the UK international business which is unaffected by this decision.
“Cigna remains committed to the UK market and will focus on growing its UK international business. Cigna customers in the UK with international policies will continue to be able to access high quality healthcare in the UK.
“Cigna is fully committed to supporting all employees who are affected by these changes and will be actively partnering with them to find roles in other parts of the business.
“Cigna remains committed to its customers, clients and partners and is working hard to ensure minimum disruption during this transition. All existing plans will continue to be serviced to consistently high standards until the process is completed.”