Discovery Business Insurance updates address the changing needs of SMEs
Discovery Insure CEO, Anton Ossip, announced enhancements to Discovery Business Insurance’s offering, including a partnership with MTN to give businesses up to 50% back on their monthly data costs, capital support for the retail sector in partnership with Merchant Capital, as well as the Dynamic Distance Cash Back to reward people for driving less during the COVID-19 pandemic.
Discovery Insure and Motus Financial Services partner on new warranty product
Discovery Insure's warranty product covers a comprehensive list of critical components, with no limits. This product encourages good driving with premiums based on a driver’s specific driving profile, as well as the unique circumstances of the vehicle compared to a market where premiums tend to be undifferentiated irrespective of how good a driver you are.
Discovery delivers robust half-year results with elevated investment in strategic new initiatives
The Group highlighted results for the period ended 31 December 2019, characterised by substantial investment in new initiatives and a strong performance from the core businesses with the exception of VitalityLife: • Net asset value increased by R1 598 million • Total new business API increased 17% to R11 116 million • Normalised profit from operations decreased 7% to R3 551 million
Discovery’s Vitality Open gets more South Africans active and driving better
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.
Poppy Ntshongwana, Discovery Insure and local celebs raise road safety awareness
How well do our celebs drive? Discovery Insure and #RidingPopGun creator Poppy Ntshongwana are teaming up with well-loved, local celebs to ride “Pop Gun” and answer this question by putting their driving skills to the test. SA roads will soon carry holiday makers to their December holiday destination and as the most dangerous time of year to be on our roads, safety is top of mind.
Proof that young drivers can change their behaviour.
While driving inexperience accounts for much of the increased risk among young adults, other factors include underestimating danger, speeding, late-night driving, distracted driving, and driving under the influence. However, Discovery Insure’s telematics empowered driver behaviour programme, Vitalitydrive shows that young drivers can be amongst the best drivers on the road.
Action, awareness, and innovation are needed to solve SA’s high road accident average
South African roads are among the most dangerous in the world with 23.5 fatalities 100 000 people, compared to 2.97 in the UK. Deaths by road accidents are high on our government’s agenda and one of the goals of the National Development Plan is to reduce our national average in order to improve the quality of life for all South Africans.
Discovery Insure Wins Two Gartner Financial Cool Business Awards
Discovery Insure’s smartphone-enabled DQ track won in the Most Innovative New Digital Product and the overall EMEA Digital Champion categories at the 2015 Gartner Financial Services Cool Business Awards ceremony held in Barcelona...
Holiday travellers face biggest risk on roads – Discovery Insure
South Africa’s road accident fatality rate, one of the highest in the world, costs the economy between 8% and 10% of GDP. On average, there are over 200 roads deaths over the Easter holiday period every year. Recent research conducted by Discovery Insure analysing driving behaviour reveals that holiday-makers are more at risk of being involved in an accident...
Discovery Insure: Who are South Africa’s best drivers?
South Africa’s best drivers are to be found in the Western Cape, with Gauteng ranked second overall, according to data from Discovery Insure’s road safety smartphone application. During June, the first month of the campaign 16.8 million kilometres of driving data was collected and analysed by Discovery Insure...
New driving app set to rev up driving standards in South Africa
With the aim to create a nation of great drivers, Discovery Insure has released a new smartphone application that scientifically measures and incentivises driving behaviour. The Discovery Insure app is a global first in combining mobile technology and behavioural economics to create better drivers and improve road safety. It is available as a free download from the App Store or Google Play Store..
Discovery Insure positioned for continued, exceptional growth
Discovery Insure reached a milestone of 50 000 active policies since its inception in 2011. This milestone, says Discovery Insure CEO Anton Ossip, “is a remarkable achievement that comes before Discovery Insure marks three years of operation..."