Chief executive Gail Costa said the long-standing relationship between the companies had laid the groundwork for a smooth transition.

“We had a great first week and everyone has come together really well. It is a very exciting time for us.”

The two companies are already working as one team with senior OnePath leaders Jax Mitchell, Debbie Eyre and Michael Bartram joining Cigna’s senior leadership team.

“We’re focused on providing strong leadership through this change. This is an opportunity to build on the quality service we already deliver, and to create a workplace where our people can flourish,” Costa said.

The acquisition of OnePath has diversified Cigna’s distribution channels, and leveraging the opportunities these new channels offer will be a key part of Cigna’s strategy moving forward.

“OnePath has both independent and in-house advisers, which is an exciting new channel for us. And our 20-year strategic alliance enables us to provide insurance solutions directly to ANZ customers.

“All of this is really good news for customers who will be able to choose how they interact with us. And this gives us a real opportunity to help New Zealanders make sure they have the financial protection they need,” she said.

The Cigna team has almost doubled as a result of the acquisition, which was formalised in October of this year. This makes Cigna the third-largest life insurer in the country.