Debevoise Team Advises New York Life in Its $6.3 Billion Acquisition of Cigna’s Group Life and Disability Insurance Business

18 December 2019

A team of Debevoise & Plimpton LLP attorneys is advising New York Life in its acquisition of Cigna’s group life and disability insurance business for $6.3 billion. For more information, see the company’s press release.

New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. Cigna Corporation (NYSE: CI) is a global health service company dedicated to improving the health, well-being and peace of mind of its customers.

The Debevoise team is led by insurance partners David Grosgold and Marilyn Lion and includes tax partner Peter Furci and associate Lena Smith, benefits partner Lawrence Cagney and law clerk Jeri Brown, intellectual property partner Jeffrey Cunard and associate Jose Angel Lamarque, real estate partner Nicole Mesard and associate Christian Frazier and insurance associates Morgan Aveni, Kristen Matthews, Rebecca Sayles and Leron Solomon.