Skip to content

News archive

Vitality model saves more than two million life years for its customers in 2022

Vitality model saves more than two million life years for its customers in 2022

Discovery’s 2022 Sustainability Report quantifies the positive impact of its model for customers and society – and sets a goal of incentivising one billion healthy activities a year by 2030. In the 2021 financial year, Discovery recorded 470 million healthy activities, and returned R11.4 billion in value to customers through its shared-value model and impacted nearly 40 million lives.

Discovery Bank democratises the traditional banking model by segmenting and rewarding clients for managing their money well, not just for how much they earn.

Discovery features fourth on the 2022 Fortune Change the World list

Discovery ranks fourth on the Fortune Change the World list for the application of its shared-value model in the banking industry through Discovery Bank - a branchless, full-service bank which nudges and rewards clients towards better financial behaviours and outcomes.

Discovery Bank clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app

Share trading now available for Discovery Bank clients through EasyEquities

Johannesburg, October 6, 2022 – Coinciding appropriately with World Investor Week, Discovery Bank is excited to announce the launch of share trading through the Discovery Bank app, in partnership with EasyEquities. Clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app, making investing in their favourite local and global brands and othe

Financial relief provided to members of Discovery Health Medical Scheme as 2023 contribution increase deferred to 1 April, with the Scheme optimally priced for expected claims

Financial relief provided to members of Discovery Health Medical Scheme as 2023 contribution increase deferred to 1 April, with the Scheme optimally priced for expected claims

Discovery Health Medical Scheme members to save almost R1.9bn in the first three months of 2023, access exciting new health-enhancing benefits and an innovative new network-based plan. Judicious use of excess Scheme solvency provides both financial relief and new benefits to members.
21 September 2022 – Today, Discovery Health Medical Scheme (DHMS) announced that its members will only pay m

Starting trips before 7am saves time, men are better at braking smoothly, and women stay within speed limits, says new driving trends data

Starting trips before 7am saves time, men are better at braking smoothly, and women stay within speed limits, says new driving trends data

New driving trends data released today reveals that people can save between 13% and 14% of their commuting time on their trips if they choose to start driving before 7am or after 8am. The data also highlights that men brake more smoothly and tend to use their cellphones less often than women when driving, while women are better at taking corners and staying within the speed limit.
Discovery In

The number of people in South Africa without a will is concerning, finds survey

The number of people in South Africa without a will is concerning, finds survey

A recent client survey conducted by Discovery Life reveals that, while 98% of respondents believe that having a will is important, almost a third of the participants conceded that they do not have a will in place (31%). With 12 to 16 September being National Wills Week in South Africa, the time is now to get a will drafted, especially if you have loved ones who are dependent on you for income and

Discovery’s Group Chief Executive, Adrian Gore, today shared the Group’s full-year results for the period ended 30 June 2022 with the investor community

Discovery posts strong operating full-year results in challenging macro-economic environment

Discovery reported its’ full-year results for the period ended 30 June 2022 today.
Highlights:
The strong operational performance of all three main business areas, the SA composite, the UK composite and Vitality Global demonstrates the relevance of the Vitality Shared-value business model and the value it delivers to clients and broader society New business initiatives grew strongly, led b

Digital future of banking is inevitable and imminent, says Discovery Bank, BCG report

Digital future of banking is inevitable and imminent, says Discovery Bank, BCG report

On Monday, 29 August 2022, at an event held in Sandton, Boston Consulting Group (BCG) in partnership with Discovery Bank, introduced a new report titled: The Future of Retail Banking in South Africa. The report highlighted that two-thirds of South Africans expect the country’s banks to make a full transition to digital banking within five years.

Inaugural Vitality Gym Series kicks off on 3 September 2022

Inaugural Vitality Gym Series kicks off on 3 September 2022

Discovery Vitality today launched the first ever Vitality Gym Series, in which participants can compete in functional bodyweight exercise challenges, for a chance to win a share of R160,000 in prizes. The challenge is open to anyone, participants needn't be members of Vitality or have a gym membership.

Show more