Discovery announces strong half-year performance, with significant progress in growth of its new businesses
Discovery's strong half-year performance reflects the efficacy of the Vitality shared-value model, despite specific macro-economic challenges across each of its three composites, South Africa, United Kingdom and Vitality Global.
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 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.
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
South Africa’s first global discretionary fund manager launched by Discovery
Johannesburg, 23 August 2022 — Discovery Group today announced the launch of Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality to provide investment solutions including mode
Triple win for Discovery at the Efma–Accenture Innovation in Insurance Awards 2022
Discovery took home three awards in this year’s Efma-Accenture Innovation in Insurance Awards, at a virtual ceremony showcasing the best insurance innovations across the globe.
The Science of Vitality – 25 years of driving positive behaviour change, and as relevant as ever
Discovery Vitality releases The Science of Vitality journal, highlighting the data, science and insights behind the global wellness and behaviour change programme, born in South Africa, now making 20 million people healthier in 37 countries
Johannesburg |24 March 2022
What if there was a way to make people live longer, healthier, happier lives and reward them for taking steps towards their
Discovery delivers strong half-year financial performance; accelerating its growth trajectory
Discovery's interim financial results for the period 31 December 2021 are characterised by resilience, accelerated growth and continued success of the shared-value model.
Budget Speech 2022 Insights and Commentary from Discovery
Executives provide comments and snippets following Minister Enoch Godongwana’s National Budget Speech on Wednesday 23 February 2022
Discovery and AIA to establish a pan-Asian health InsurTech business
Discovery and AIA announce the formation of a pan-Asian health InsurTech business. Amplify Health is a new digital health technology and integrated solutions business that will deploy a range of health technology assets, proprietary data analytics and extensive health expertise to AIA’s insurance businesses and other third-party clients across Asia.
Discovery highlights significant progress in implementation of mandatory vaccination policy
On 3 September 2021, Discovery announced its mandatory vaccination policy for South Africa-based employees Staff vaccination rates have climbed from 22% at start of September to 94% by 30 November Across all main categories, including sex, age and seniority, more than 90% of staff are vaccinated Vaccination rates projected to reach levels greater than 97% before the peak of fourth wave, in ear
Discovery Bank and Vitality announce new offerings to deliver integrated value for clients
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
Discovery delivers strong operating performance during the pandemic and continued evolution of the Shared-value Insurance model
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