CIGNA Expands Reach of Expatriate Benefits Offering

August 31, 2010 (PLANSPONSOR.com) - CIGNA has acquired Vanbreda International, based in Antwerp, Belgium, expanding its global reach in expatriate benefits.

A press release said privately owned Vanbreda International specializes in the provision of worldwide medical insurance and employee benefits to intergovernmental and non-governmental organizations, including international humanitarian operations, as well as corporate clients. Representing the largest customer base of globally mobile employees working on assignment in virtually every country in the world, Vanbreda International and CIGNA together serve more than 700,000 expatriate customers worldwide, according to the announcement.   

Under the Vanbreda International brand, the company will continue to operate as an independent business under the existing leadership of Chief Executive Officer Rudi Bertels and Chief Operating Officer Wouter Reggers.   

Financial details of the acquisition were not disclosed.

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