Cigna named number one in the Global IPMI market

Cigna Global has been named as the number one company in the global IPMI market, according to a new report.

Cigna named number one in the Global IPMI market

Cigna has been named as the number one company in the global IPMI market.

The report was issued by the McGrigor Group, which is a strategy and merger and acquisition (M&A) advisory firm that focuses on health insurance and medical products and services.

Their private sector clients include Fortune 500 companies, global health insurers and health and medical venture capitalists.

The report also estimated that the size of the global international private medical insurance (IPMI) market will reach an estimated US$17bn (£12.7bn) by the end of 2020.

Cigna was named as the number one company for market share.

The report stated that the market has started to use “global” terminology for the first time ever, rather than using “international” terminology. It also indicated that the market is now entering a more mature phase.

The report was released as a global facts and figures report along with five regional market versions focused on Latin America; US and Canada; South Asia; MENA and Sub Saharan Africa. It was aimed at specialist brokers and those looking for a snapshot of the market.

James McGrigor, CEO of McGrigor, said the reports will be of interest to regional brokers involved in the market.

He added: “It’s a market with secretive players where good data is very hard to come by.”

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Sources:

  1. Health insurance and protection - Global iPMI market to reach £13bn by the end of 2020 - https://www.healthinsuranceandprotection.com/international/global-ipmi-market-to-reach-13bn-by-the-end-of-2020

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This document serves only as a reference and is intended for informational purposes only. The content of this document is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified health provider with any questions you may have regarding a medical condition.

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