Joydeep Saha Takes Over as MD & CEO of ManipalCigna Health Insurance

Saha, who has been associated with ManipalCigna for over seven years, previously served as Appointed Actuary and Chief Officer, Actuarial, Product, Reinsurance, Group Underwriting & Analytics.

ManipalCigna Health Insurance has announced the appointment of Joydeep Saha as its new Managing Director and Chief Executive Officer, following regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI).

Saha, who has been associated with ManipalCigna for over seven years, previously served as Appointed Actuary and Chief Officer, Actuarial, Product, Reinsurance, Group Underwriting & Analytics. He brings more than two decades of industry experience across actuarial science, product development, and insurance strategy.

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.”

S Vaitheeswaran, Vice Chairman, Manipal Education & Medical Group (MEMG), added, “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.”

In his LinkedIn statement, Saha wrote, “I’m truly honoured to take on the role of MD & CEO at ManipalCigna Health Insurance Company Ltd., an organization which has been more than just a workplace to me for the past 7 years. This company’s journey has been deeply personal, as I have seen first-hand, the impact we create through our commitment to customers, partners, and employees.”

He further added, “As we step into this next chapter, I’m committed to building on our strong foundation focusing on what matters most: Delivering Value, Driving Innovation, and Fostering a Culture where our people grow.”

Saha holds a Master’s in Applied Statistics and Informatics from the Indian Institute of Technology, Bombay, and has held leadership roles across key insurance firms including Niva Bupa, Religare Health, and L&T General Insurance before joining ManipalCigna.

His appointment underscores ManipalCigna’s focus on continuity and deep domain expertise to drive the company’s long-term strategy and customer-centric growth.

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