# Cigna

Cigna is an Insurance based in Bloomfield, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Bloomfield, United States
- **Region:** North America
- **Address:** 900 Cottage Grove Road, Bloomfield, CT 06002, United States
- **Founded:** 1792
- **Assets under management:** Undisclosed
- **Website:** cigna.com

## About

Cigna is an SEC-registered investment adviser in Bloomfield, CT, since 1982. It manages $25.8 billion in regulatory assets under its care. The firm employs 108 people and has 46 registered investment advisers.

## Sectors

- Healthcare Services
- Insurance

## People

- David Cordani — Chairman and CEO, The Cigna Group
- Brian Evanko — President and COO; incoming CEO (July 2026)
- Ann Dennison — Executive Vice President and CFO

## Questions

### Who oversees investment decisions at Cigna?

Investment management for Cigna's general account sits with Cigna Investment Management, a wholly owned subsidiary that reports up through the CFO — currently Ann Dennison — to the CEO and board. The firm publicly identifies its senior investment team in annual filings but does not disclose a single named CIO externally. Succession planning has been explicit: Brian Evanko, the current President and COO and former CFO, becomes CEO in July 2026.

### How does Cigna's general account portfolio composition differ from a typical corporate treasury?

The general account is structurally driven by health insurance liability duration — often 15 to 30-year medical and disability claim tails — which pushes the portfolio into longer-duration fixed-income assets than a typical corporate cash pool. Cigna Investment Management directly originates commercial mortgage loans and private-placement debt, allowing the firm to earn an illiquidity premium while holding assets to maturity, a posture unavailable to mark-to-market asset managers.

### What real estate assets does Cigna directly own?

Cigna owns its headquarters campus at 900 Cottage Grove Road in Bloomfield, Connecticut, and operates Cigna Realty Investors, which holds a mixed-use portfolio across the United States. The firm also maintains a corporate art collection across its Philadelphia and Bloomfield offices, publicly documented in Cigna's own materials.

### Who is succeeding David Cordani, and when was the transition announced?

Brian Evanko, the firm's President and COO and a former CFO, will become CEO of The Cigna Group in July 2026, with David Cordani transitioning to Executive Chairman. The announcement came via official firm communications in January 2026, making this one of the few fully telegraphed CEO successions in the S&P 500 healthcare sector.

### What is Cigna Investment Management's role in commercial real estate lending?

CIM directly underwrites fixed-rate commercial mortgage loans across primary and secondary US markets, holding positions in office, multifamily, and industrial properties. These loans sit in the general account and are held to maturity, aligned with the long-dated claim liabilities they fund — a structure that gives CIM a pricing advantage over banks and CMBS-dependent lenders in the 5- to 15-year fixed-rate space.

## Related profiles

- [CIC Wealth](https://altss.com/profile/cic-wealth)
- [CIGNA Corporation (Defined Benefit)](https://altss.com/profile/cigna-corporation-defined-benefit)

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Last updated: 2026-06-03T20:00:00.000Z

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