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Johannesburg, 29 October 2021 – In a claims experience analysis, Discovery Group Risk today reported claim payouts to the value of R2.10 billion in the year to June 2021, which reflects a 42% increase compared to the previous year. The company offers group risk benefits that include life cover, global cover for the education of employees' children, severe illness cover, lump-sum and monthly disabi
Johannesburg, 27 October 2021 – Putting clients in control of their money, Discovery Bank today announced the launch of Vitality Money Financial Analyser.Vitality Money Financial Analyser gives personalised insights into monthly income, savings and spending.About 65%* of people don’t know what they spend their money on in a month and more than half** underestimate how much they spend, whic
Will COVID-19’s impact on cancer screening mean people are diagnosed with more advanced cancers? 1 in 28 South African women at risk of breast cancer Over the course of the COVID-19 pandemic, there’s been a decline in people sticking to routine and scheduled cancer screening checks - like mammograms for breast cancer, pap smears for cervical cancer, PSA blood tests and examinations for pro
Johannesburg, 19 October 2021- In line with its aim to bring new investment opportunities to South African clients, Discovery Invest today announced the launch of a market first credit fund targeting annual returns in Euros of 7% per annum, net of fees and taxes. The Discovery European Credit Opportunities Fund, managed by Ninety One, is an international structured fund that offers access to a
Johannesburg, 30 September 2021 – Discovery Bank today announced new digital and fintech innovations for a comprehensive digital financial services experience at its annual product-update event with financial advisers.“With the latest features, our clients have access to a full range of financial capabilities in one place – our digital banking platform. This platform is not only transforming b
30 September 2021 - Today Discovery Health Medical Scheme (DHMS) announced that it would again the delay the implementation of its annual contribution increases. After delaying the annual contribution increases for 2021 by 6 months to 1 July 2021, the Scheme announced that the annual contribution increases of 7.9% for 2022 would only be implemented from 1 May 2022. This makes Discovery Health Me
Johannesburg, 2 September 2021 – Adrian Gore, Discovery Group Chief Executive, today presented the Group’s full-year results for the period ended 30 June 2021 to the analyst community. Discovery posted a strong operating performance across the all businesses, despite the ongoing challenge of the COVID-19 environment which manifested in a far higher COVID-19-related mortality in South Africa, compa
Johannesburg, 1 September 2021 – Discovery Bank today announced that Black and Purple cardholders can enjoy faster security clearance with the Discovery Bank Priority Fast Track at the Cape Town International Airport domestic departure hall, making travel more rewarding than ever. This follows the launch of Priority Fast Track at OR Tambo International Airport in July 2020, successfully brough
Johannesburg, 31 August 2021 – Consumers can bank the way they’ve always banked, or they can bank with Discovery Bank, which offers servicing and banking solutions of the future, now. This is the premise of Discovery Bank’s new integrated marketing campaign: The Future of Banking Now.“We want to show consumers the exceptional features that the Bank has built that gives clients a completely new
Johannesburg, 13 August 2021– In July, Discovery Bank and Vitality launched its new Discovery Miles Đ-Day campaign. Hylton Kallner, CEO of Discovery Bank, explains that Discovery has created a new mid-month spend occasion that adds even greater value to the spending power that Discovery Miles already offer to all Vitality Money, Health and Drive clients as part of the group’s shared-value rewards.
Johannesburg, 29 July 2021 – Discovery Life has announced a ‘first-of-its-kind’ underwriting determinant for the South African life insurance market, stating that being vaccinated against COVID-19 is now an additional consideration in determining life insurance premiums and benefits for new clients, effective from the 29th of July 2021. “Through our premium PayBack reward mechanism, we are off
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