Southern Cross’s Life Insurance policies are provided and underwritten by Cigna Life Insurance New Zealand Limited (Cigna). Only Cigna can approve and accept policies and Cigna will be responsible for all administration and claims relating to the policies.
Cigna is a leading specialist provider of insurance products and services including travel insurance, life insurance, identity theft protection, funeral insurance, income protection insurance, accidental death insurance and trauma insurance products and services.
We've been operating in New Zealand for over 90 years, and now protect more than 290,000 New Zealanders with our insurance policies.
Cigna New Zealand is part of Cigna Corporation, a Fortune 500 insurance company and one of the world's largest publicly owned companies.
A copy of Cigna's latest financial statements is available on request.
For more information about Cigna's Financial Strength and Solvency click here.
Qualifying Financial Entity (QFE) Disclosure Statement
Effective from 1 November 2015
Important that you read this information – it provides important information about Cigna’s financial advisers and should help you decide which financial adviser to choose.
Services we can provide for you
Cigna is registered to provide financial adviser services as an insurer through our QFE advisers in the contact centre. As a QFE, Cigna takes responsibility for the financial adviser services provided by our QFE advisers. Should you require more information regarding investments or financial planning, you should consult a financial advisor.
How are we regulated?
Cigna is licensed and regulated by the Financial Markets Authority (FMA) for its financial adviser services. You can obtain information about financial advisers from the FMA and report information about Cigna or its QFE advisers to the FMA.
Financial Markets Authority contact details
Post: PO Box 1179, Wellington 6140
Phone: 0800 434 566
Cigna is registered on the Financial Service Providers Register. You can check our status on the register at www.fspr.govt.nz and whether other entities are a member of our QFE.
If you have a complaint we are happy to discuss it. Please call us on 0800 000 200, or email us on firstname.lastname@example.org.
Resolving a Problem
Although we strive to provide our customers with the highest possible level of service, there are times when you might encounter a problem. If you are unhappy with the service you have received, please call us immediately on 0800 000 200. In many cases, your issue may be resolved straight away by our customer service consultants. However, if they can't resolve the issue, our dedicated Resolutions officer will personally take on your case. Alternatively, you are welcome to put your concern in writing, our address is P O Box 24031 Wellington, and our email address is email@example.com. We will undertake a thorough investigation of your concerns and inform you of the results.
The Insurance and Financial Services Ombudsman (IFSO)
Cigna is a member of the Insurance and Financial Services Ombudsman (IFSO) scheme, a free, independent service which can help settle any dispute you are unable to resolve with us.
Any dispute or action relating to this Policy will be determined in accordance with New Zealand law.
Statutory Fund Notification:
Cigna is required under the Insurance (Prudential Supervision) Act 2010 to establish a Statutory Fund. For all Cigna's life insurance policyholders we advise that the Statutory Fund relevant to your policies is Cigna's Statutory Fund Number One.
Cigna's international operations began in the late 19th century when INA marketed insurance on three continents through general agents, and later through foreign offices. Cigna's other founding company, Connecticut General traded internationally from 1962.
In 1984, Cigna Worldwide was formed and became one of the largest international insurance operations. From our American roots in Philadelphia and Hartford, we have branched into Asia and the Pacific Rim countries, into Europe and throughout the Americas.
Today, Cigna is one of a handful of organisations that offers truly international insurance, benefits and financial products and services. In major markets around the world, Cigna Corporation's operating subsidiaries provide an integrated suite of medical, dental, behavioural health, pharmacy and vision care benefits, as well as group life, accident and disability insurance, to approximately 46 million people.
New Zealand Operations
In New Zealand, Cigna's heritage dates back over 90 years to just after the First World War. We evolved out of two insurance companies, INA, which started conducting business in New Zealand in 1919 and Monarch Life Insurance Limited, which was first registered in 1968.
In 1986, after various mergers and takeovers, Cigna Life Insurance New Zealand Limited was born. We now protect more than 290,000 New Zealanders with policies ranging from disability cover to term life insurance.