Discovery posts strong full-year operating results; Discovery Bank progressing excellently
Discovery announces annual results for the twelve months ended 30 June 2023
Discovery announces annual results for the twelve months ended 30 June 2023
There are multiple trends that compound to create a more complex financial planning environment for women. Because of persistent socio-economic inequality, women face a large insurance gap. With this context in mind, Discovery Life has built life insurance products which specifically cater to these challenges and risks.
Johannesburg, 29 June 2023: Today Discovery Insure and Avis Southern Africa announced a partnership to support the Discovery Pothole Patrol in Johannesburg. The partnership will see the two companies working together to identify and repair potholes on major roads in the city.
Pothole Patrol was initially launched in May 2021 to support the Johannesburg Roads Agency (JRA) and the City of Johann
On 1 June 2023, Discovery Insure launched Vitality Drive 3.0, the unique driver behaviour programme with some game-changing enhancements to its predecessor, Vitality Drive 2.0. Rewarding clients with more relevant rewards than ever before, for driving well, and a simpler, more transparent way to earn them, makes Vitality Drive 3.0 even more successful in its efforts to encourage better drivin
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
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'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.
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 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.
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.
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.
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.