News archive

10 April 2025 12:00

S.Africans still feeling pressure, with busy lifestyles increasing the need for convenience and digital services: SpendTrend25 report

Johannesburg, 10 April 2025 – Discovery Bank and Visa today released their new SpendTrend25 report, their third annual collaborative report of South African consumer spending habits based on an in-depth analysis of credit card spend data. Combining their extensive datasets and analytical expertise, SpendTrend25 tracks how consumer spending habits have evolved between 2019 and 2024 among Discovery

10 April 2025 08:12

Discovery Life pays 11.5 billion to clients in 2024

Key insights about Discovery Life’s 2024 Claims Experience include:
Growth in payments for living benefits – namely illness, disability and income protection – and Shared-value rewards for health behaviours outpaces growth in payouts for death benefits. Discovery Life clients who reached a Gold or Diamond Vitality status experienced a 57% lower mortality risk and a 47% lower disability risk,

8 April 2025 13:13

Thumbs up for those who #DriveNowTextLater - Discovery Insure and bp launch nationwide road safety campaign

Discovery Insure’s telematics data shows that just 20 seconds on a phone increases accident risk by over 60% and that cellphone-linked distraction is the biggest contributor to road accidents in the country. Discovery Insure and bp launch the #DriveNowTextLater campaign – a national movement to stop drivers from texting while driving. Drivers are encouraged to pledge not to text and drive by ap

27 March 2025 14:01

Discovery Bank making banking more intelligent, personalised, and secure

Johannesburg – 27 March 2025 – Discovery Bank announced the latest advancements in its banking features and services, unveiled today at a client and financial adviser launch.
Salient additions to Discovery Bank:
Vitality Money, the bank’s behavioural change programme, now incorporates rewards for financial planning to align clients’ short-term goals and long-term aspirations, including es

4 March 2025 09:25

Discovery’s new phase of growth results in strong performance, with Discovery Bank continuing to perform ahead of plan

Johannesburg, 4 March 2025 – Discovery today presented its interim financial results for the six-months ended 31 December 2024 to the investor community.
Group Chief Executive, Adrian Gore, provided context to the Group’s strong performance and consistent growth across the two composites of the business. “We have emerged from a cycle of significant investment, which focused on creating new aven

3 March 2025 07:00

World-first: Personal Health Pathways by Discovery Health takes 2.1 million adult medical scheme members on a hyper-personalised health journey powered by predictive AI tech

[disclaimer] This press statement is issued by Discovery Health (Pty) Ltd, registration number 1997/013480/07, an authorised financial services provider and accredited administrator of medical schemes on behalf of Discovery Health Medical Scheme, registration number 1125, which it administers.


Harnessing the power of advanced, evidence-based data science and artificial intelligence (AI)

17 February 2025 13:13

Cogence 2025 Market Outlook – The world is changing

17 February 2025, Johannesburg – The global economy is transforming, reshaping the landscape for investors and economies alike. As these era-defining mega forces – artificial intelligence (AI), decarbonisation and ageing populations – unfold, Cogence’s 2025 Market Outlook, in collaboration with BlackRock and RisCura, identifies opportunities amid a dynamic and uncertain environment.
Key highlig

13 February 2025 14:31

Groundbreaking health insurance offering by Vitality Health International and Strategis provides comprehensive cover with flexible plans, malaria benefit and more

Vitality Health International’s health insurance offering which employers can provide to their staff, presented through Strategis’ in-market insurance expertise, brings innovative new benefits to Tanzania, including a range of four flexible plan options, a Malaria Benefit, and the Vitality behaviour-change rewards programme.
Dar es Salaam, Tanzania, 13 February 2025 – Health insurance provider

12 February 2025 08:17

Discovery Invest 2025 Market Outlook: Business unusual

12 February 2025, Johannesburg – The Discovery Invest 2025 Market Outlook highlights how a recovering global economy and transformative trends such as artificial intelligence (AI) are shaping investment opportunities in unusual market conditions. With global uncertainties, such as shifts in US trade and fiscal policies under the Trump administration, the need for a measured, long-term investment s

10 February 2025 14:35

Discovery Insure’s Vitality Car Rating increases consumer confidence in the second-hand vehicle market, boosts resale value up to 15%

Key insights about Discovery Insure’s Vitality Car Rating include:
Vitality Car Rating, a first of its kind, uses driving behaviour and data analytics to enhance a vehicle’s resale value. Discovery Insure clients can now get up to a 15% boost when they sell their car at participating Weelee and Motus Select dealerships.
Vitality Car Rating leverages 13 years of Discovery Insure data, incl

3 February 2025 10:02

Sports Minister announces running shoes donation initiative at Discovery Vitality Run Series kick-off

Johannesburg, 3 February 2025 – The Discovery Vitality Run Series (VRS) is officially underway, following a successful first event, the Olympic Spartan Harriers Firgrove Challenge with Discovery Vitality, held in the Western Cape. The race saw thousands of runners take to the streets this past weekend, marking the start of an exciting season of 16 events designed to get South Africans moving.

29 January 2025 12:23

New Discovery Vitality research: Regular exercise preceding cancer diagnosis linked to lower likelihood of cancer progression and death

Johannesburg, January 29, 2025– Engaging in regular physical activity before a cancer diagnosis can significantly reduce the risk of cancer progression and mortality, according to new research published in the British Journal of Sports Medicine. The study, conducted by Discovery Vitality in partnership with researchers from Wits University and the University of Western Ontario, highlights the crit