Cigna-TTK Health Insurance Company Ltd has received license from insurance regulator IRDA to commence operations, a company official said Monday.
The company is a joint venture between the US-based global health service major Cigna and Indian conglomerate group TTK.
"As we have received the license from the Insurance Regulatory and Development Authority (IRDA) Nov 13, we will commence operations soon," the joint venture's chief executive Sandeep Patel said in a statement here.
Leveraging Cigna's global health services experience and expertise, the Mumbai-based joint venture will offer a suite of innovative products to customers across the country, using the latest technology.
"Our mission is to improve health, well being and security of the people we serve. We have invested in the latest technology to give customers and distributors hassle-free and personal experience," Patel said.