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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
Discovery Life released its annual claims data insights today, illustrating the impact of the COVID-19 pandemic on life insurers Total claims paid out to clients in 2020 amounted to R4.7 billion, COVID-19 related pay-outs are expected to reach R6.2 billion across Individual Life and Group Risk claims by the end of the 2022 financial year COVID-19 has overtaken heart disease and cancer as the le
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
Johannesburg, 26 October 2021 – As the world recognises October as Cyber Security Awareness month Discovery Business Insurance is highlighting the critical need for businesses to ensure that they are appropriately covered to mitigate against the risk of cyber crime, which has become one of the biggest risks facing businesses today.Now in its 18th year, Cyber Security Awareness Month, whi
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, 20 October 2021 – Discovery is proud to announce Tatjana Schoenmaker (24) as a Discovery Vitality Ambassador. The South African swimming sensation has recently returned home from the Tokyo 2020 Olympic Games after winning a gold medal and setting the world record in the 200 m breaststroke, as well as bringing home silver in the 100 m breaststroke. “We are delighted and honoured t
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
South Africa has today been crowned Champion of the 2021 Vitality Running World Cup. Qualifying for the Finals in 2nd position, South Africa leapt up the leaderboard to take the win with 134,000 runners participating in the tournament.In second place, was Namibia with 3,408 runners. Just behind with Mongolia was 4,424 runners and in fourth place, England with 61,000.Now in its third year,
The City of Johannesburg Executive Mayor, Cllr. Mpho Moerane, together with Discovery Insure and Dialdirect Insurance on Tuesday, 12 October 2021, launched a new Pothole Patrol app and Whatsapp bot to fast-track the ongoing war on potholes across the municipality.The smart mobility initiative is set to enable the speedy reporting of potholes for attention in Johannesburg as part of the ongoing
Research shows that the number of years people are spending in ill health is increasing, primarily due to the rising prevalence of chronic diseases, driven by unhealthy lifestyles Experts call for focus on healthspan, the quality of life, alongside lifespan, the quantity of life, citing significant economic and social benefits Pioneering algorithm by Vitality, in collaboration with RAND Europe,
Johannesburg, 1 October 2021: Discovery announced the latest business innovations within the Discovery Health portfolio, at its its annual product-update event with financial advisers on 30 September 2021.“The golden thread running through the various elements we shared with the financial adviser community and media today, was our focus on personalisation of healthcare through digitally-powere
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