Health service company, Cigna, has announced is relocating the European headquarters of its International Health, Life & Accident (HL&A) business from Madrid to London.
The move to London is a step in the company's European growth strategy. HL&A now operates in seven European countries: UK, Spain, Portugal, Italy, Germany, Sweden and Norway, with the UK serving over three million customers, primarily through affinity partners.
In addition, Alistair Hardie, Chief Executive of FirstAssist Insurance Services, has been announced as CEO, Europe Cigna HL&A.
He said: "We are well positioned to grow our business at a time when the need for health, life and accident products is set to increase as millions of Europeans look to supplement the ever increasing gaps in state provision being created as a consequence of the tough austerity measures being implemented across Europe.
"I am excited by the opportunity to lead Cigna's European operations to the next stage in their development."