Cigna boss takes on international role

Cigna Life chief executive Gail Costa has been appointed to a new role as chief executive for Developed and Developing Markets with Cigna International.

She will be responsible for the overall management, growth and profitability of Cigna’s developed and developing markets including Hong Kong, Taiwan, New Zealand, UK and Turkey, along with the management of Cigna’s individual private medical insurance business and the continued roll out of travel insurance across the organisation globally.

Costa will be taking up her new role on February 1, initially based in Wellington, until a new chief executive is found for the local business. Following this, she will relocate to Hong Kong.

Jason Sadler, Cigna International’s President of Global Individual Health, Life & Accident, said: “Under Gail’s leadership, the New Zealand business is consistently achieving double digit earnings growth and is regarded as one of Cigna’s strongest Health, Life & Accident businesses."