Cigna and SAICO create a joint venture in Bahrain

After 11 years of business ties, Saudi Arabian Insurance Company (SAICO) and the health insurer Cigna have officially launched CIGNA SAICO Benefits Services WLL, a joint venture owned by both parties on the fifty-fifty basis. The new company, which is based in Bahrain with 50 staff members, intends to develop a portfolio of customers across all countries in the region.