South Africa’s young adults could bridge the growing life and disability insurance gap by diverting a fraction of their monthly lifestyle expenditure to financial services products. The largest insurance gap is currently presented by millennials between the age of 18 and 30 coupled by high levels of indebtedness and low savings.

Discovery today announced the launch of Discovery Business Insurance – a new type of shared value insurance focused on building better and “healthier” businesses.

In 2018, Discovery Health’s efforts to curb fraud, waste and abuse in the healthcare system resulted in a substantial R555m recovered on behalf of client schemes. “We also estimate that the ‘halo’ effect of our extensive fraud, waste and abuse-control activities has prevented additional fraud, waste and abuse to the value of approximately R5.1 billion in the past couple of years,”

21 February 2019 – Discovery today presented its half-year results for the period ended 31 December 2018; representing a period of exceptional growth, with a temporary decline in profits due to considerable investment in new initiatives, and volatility in large claims in Discovery Life, unique to this reporting period.

The men’s elite race was dominated by twenty-year-old Alex Yee (GBN) with a time of 00:52:04 in first place, and the women’s elite race ended with an exciting eight seconds between Ai Ueda (JPN) and Summer Rappaport (USA).

Discovery’s SEE ME campaign, launching in February in the Alexandra township in Johannesburg, aims to help educate children and teachers on road safety and keep kids safe on the roads during their walk to school with reflective gear.

Discovery Vitality today released the results of its 10-week public campaign, the Vitality Open, which was aimed at getting South Africans to exercise more and improve their driving behaviour.

Chairperson and independent non-executive Director, Mr. Hilkowitz, has informed the Board that he has decided to retire, effective 28 February 2019. Discovery is very grateful to Mr Hilkowitz for his invaluable contribution to the Group throughout the last 16 years of exceptional growth.

Building on the results of the largest behaviour change study on physical activity, Vitality and its global network of insurers have committed to making 100 million people more active over the next seven years, aligned to the World Health Organizations’ Global Action Plan on Physical Activity.

Get your sweat bands and spandex ready, because entries to the 2019 Discovery Retro Run, powered by KFM, are now open. Scheduled to take place on Saturday, 9 February 2019, the Discovery Retro Run will welcome thousands of participants to the Sea Point Promenade for a groovy 5 km or 8 km sunset run that will finish at the iconic Cape Town Stadium.