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ManipalCigna Health Insurance Appoints Joydeep Saha as Managing Director & Chief Executive Officer
Mumbai, August 07, 2025 – ManipalCigna Health Insurance , one of India’s leading standalone health insurance companies, today announced the appointment of Joydeep Saha as its new Managing Director &Chief Executive Officer, following regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI).
With over two decades of experience in the insurance industry, Joydeep brings a wealth of expertise in actuarial science, product development, and business strategy. He has been associated with the company for over seven years, having previously served as Appointed Actuary and Chief Officer – Actuarial, Product, Reinsurance, Group Underwriting & Analytics. Joydeep holds a Master’s in Applied Statistics and Informatics from the Indian Institute of Technology, Bombay.
Jérôme Droesch, CEO International Organizations, Domestic Health and Health Services, Cigna Healthcare International Health, said, “Joydeep’s deep understanding of the organization and the broader health insurance means that he is well-equipped to lead the company into its next phase of strategic growth. We are confident that under his leadership, the organization will continue to strengthen its market position and deliver sustainable growth in a dynamic and evolving industry.”
“Joydeep’s appointment to the role of MD & CEO at ManipalCigna Health Insurance is a testament to his experience and commitment. His extensive tenure and comprehensive institutional knowledge make him perfectly positioned to lead the business into the future. I have every confidence he’ll succeed in this next chapter,” said S Vaitheeswaran,Vice Chairman, Manipal Education & Medical Group (MEMG).
Joydeep will continue to work closely with the leadership team to expand the company’s distribution channels, strengthen the brand, and create long-term value for the organization and its customers. His appointment underscores ManipalCigna’s commitment to building a leadership team with a deep understanding of the industry and a passion for delivering customer value.
Commenting on his appointment, Joydeep Saha said, "The health insurance industry is undergoing rapid transformation, and ManipalCigna is strongly positioned to lead this change. With the strong foundation and a talented team, I look forward to expanding our reach, leveraging technology to enhance customer experience and further strengthen our market leadership.”
ManipalCigna has created a niche in the health and wellness sector by offering its customers innovative products and services.
About ManipalCigna Health Insurance Company Limited
ManipalCigna Health Insurance Company Limited is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education in India, and Cigna Healthcare, a global health services company with over 230 years of experience. ManipalCigna is headquartered out of Mumbai and has 100+ branch offices covering significant metros and towns. The company has built a strong multi-distribution network of over 70,000 agents and 500+ distribution partners across the country. ManipalCigna also has presence in 400+ cities in India through its distribution network and has a network of over 15,000 hospitals across cities including tier I, tier II, and tier III towns in India.
To learn more, visit www.manipalcigna.com
MEDIA CONTACT Kishor Barua : 959-416-0314 Kishor.Barua@manipalcigna.com
