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COMPANY BENCHMARKING • UNITED STATES

Cigna Corp - Company Profile

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Cigna Corp - Overview

Description
Cigna is a public company headquartered in Connecticut with an estimated 72,370 employees. In the US, the company has a notable market share in at least three industries: Health & Medical Insurance, Mail Order, HMO Providers and Mail Order. Their largest market share is in the Mail Order industry, where they account for an estimated 24.3% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Cigna Corp

Company Type: Operating

Headquarters: 900 Cottage Grove Road Bloomfield CT 06002

Website: https://www.cigna.com/

Employees: 72370

Cigna Corp - Operating Industries and Main Competitors

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Cigna Corp - Products and Services

  • Health & Medical Insurance in the US

    • Of the 7 core revenue-generating products and services in the Health & Medical Insurance in the US industry, Cigna Corp offers:
    • Fee-for-service (FFS) plans
    • Health maintenance organization (HMO) plans
    • High-deductible health plans (HDHPs)
    • AAAAA AAAAA

  • Mail Order in the US

    • Of the 6 core revenue-generating products and services in the Mail Order in the US industry, Cigna Corp offers:
    • Health and beauty products

  • HMO Providers in the US

    • Of the 3 core revenue-generating products and services in the HMO Providers in the US industry, Cigna Corp offers:
    • Medicare, Medicaid and other government HMO plans
    • Private group HMO plans
    • Private individual HMO plans
error_outline To view Cigna Corp's full products and services, see purchase options.

Cigna Corp - Analyst Insights

Expanding access and coverage to the robotics sector

On September 28, 2021, PROCEPT BioRobotics Corporation, a patient care robotics company, announced that Cigna will be providing Aquablation therapy to the company in the cases of lower urinary tract symptoms. The partnership will allow Cigna to grant access to treatment of PROCEPT's members who may need this type of treatment. Cigna Corporation will seek to benefit from the partnership as well by branching out into providing care for sectors that are still in its infancy including robotics-based companies, signaling the company's willingness to grow in more sectors than the ones that the company is comfortable in.

New Activity|Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Cigna Corp - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Cigna Corp's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Health & Medical Insurance in the US, Mail Order in the US, and HMO Providers in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Cigna Corp's full SWOT analysis, see purchase options.

Cigna Corp - Financial Statements & Ratios

pie_chartCigna Corp Income Statement

BALANCE DATE12/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Revenue41,616.039,668.037,876.034,914.032,380.029,119.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartCigna Corp Balance Sheet

BALANCE DATE12/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Cash and Equivalents2,972.03,185.01,968.01,420.02,795.02,978.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartCigna Corp Cash Flow

BALANCE DATE12/31/201712/31/201612/31/201512/31/201412/31/201312/31/2012
Net Income2,232.01,843.02,077.02,094.01,478.01,624.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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    Products and Services
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This profile on Cigna Corp includes:

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  • Products and Services
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