July 22, 2011

CIGNA Moves Headquarters to Connecticut, Promises New Jobs

The Hartford Courant reports that CIGNA insurance company changed its headquarters from Philadelphia to Bloomfield on Tuesday, July 12. In addition, CIGNA’s CEO, David Cordani, and Governor Dannel P. Malloy announced that CIGNA is the first company to sign on to the state’s First Five economic development program. First Five offers tax incentives to companies that add at least 200 employees in the state. Cordani expects to add between 200 and 800 jobs, most of which will be new positions in technology, customer service, finance, legal, human resources, and underwriting. CIGNA currently has about 30,000 employees worldwide. Of the 3,883 in Connecticut, 3,250 are in Bloomfield. The company also employs about 1,000 contractors in Connecticut.