Subjects: Corporate Information
The Ongoing Impact of COVID-19 on health and mortality
While the worst appears to be behind us in terms of the climbing infections, high death rates and the economic impact of the global coronavirus outbreak, deaths due to cardio-metabolic (heart and nervous system) and cancer-related conditions are now strikingly high in this post-COVID world. This is according to annual Group Risk claims data released by Discovery Employee Benefits.
Vitality Health International is making waves in Africa
Translations available in French, Arabic and Portuguese – view lower down. Since its launch in January 2022, Vitality Health International has been gaining momentum in bringing health insurance that rewards healthy living to employer groups in the rest of Africa.
The 19th Discovery Walter Sisulu Soccer Challenge: Soweto’s favourite football festival ready for kickoff
The 19th edition of the Discovery Walter Sisulu Soccer Challenge will take place from 1-23 December 2022. Whilst the men’s category is full, some spaces remain for the u17 and women’s categories. Teams are encouraged to urgently secure their spots into Soweto’s number 1 diski challenge. Entries close on 30 November 2022.
Discovery and the South African Football Associati
Discovery Bank makes sure no one misses out with #HackBlackFriday
JOHANNESBURG, 23 November 2022 - It’s the week of Black Friday and since 2018, this day has been one of the biggest shopping events of the year. With belts being tightened everywhere due to the current financial environment, many South Africans are waiting to find the best possible deals on high-value items or general household items from retailers everywhere.
Everywhere we look there are mas
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.
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
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.
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 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
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.
South African women need more income protection cover – and continue to see the value of cover for cancers
Johannesburg, 10 August 2022: Every year, in August, South Africa marks Women’s Day and Discovery Life undertakes to reflect on its efforts to close the gendered insurance gap in our country. In 2019, ASISA conducted a gap study which found that women have an insurance gap of nearly R15 trillion. An analysis of Discovery Life’s 2021 claims data shows that while women hold 47% of all life polic
Road to Sun City gets a plug from the Pothole Patrol
Thanks to The Pothole Patrol, business and leisure travellers from Gauteng will no longer have to navigate potholes when they travel to Sun City for holidays or to attend business events.
The innovative initiative is a partnership between the City of Johannesburg, Discovery Insure and Dialdirect Insurance. In its first year alone, it repaired over 100 000 potholes in Johannesburg.
Now for th
SA’s most popular days for driving to work are Tuesdays and Wednesdays, according to recently released driving data
Discovery Insure’s new Work From Home Index has revealed an average of three days per week that people are physically travelling between work and home. These are the two most common destinations between which many people travel – often more than once a week – ordinarily every week.
During the past two years, our movement patterns between these two destinations have shifted and Discovery Insure
Discovery announces secondary listing on A2X
Discovery has been approved for a secondary listing on A2X Markets.
Discovery Bank hits 1 million accounts, expands banking and lifestyle benefits
Johannesburg, 20 June 2022 – Over the past year, Discovery Bank has seen strong deposit growth and considerable traction of its shared-value banking model amongst its client base; the appeal of a full service, shared value, digital bank is reflected in Discovery Bank’s strong growth to over 1 million accounts since its public launch in 2020.
Today, as the Bank announced the milestone of reachin
Discovery Life continues to have a positive impact on clients, with over R11.7 billion claims paid in 2021
A total of R11.79 billion was paid out in claims by Discovery Life in the 2021 calendar year including individual and Group Life clients, as released this morning in the annual claims review. A total of R9.1 billion was paid through over 10,000 Individual Life claims during the year.
Discovery Insure and Advanced EMS launch private firefighting initiative in Johannesburg to handle fire-related emergencies
Sandton, Johannesburg - A fire occurs in Johannesburg every six hours, according to data from the Fire Protection Association of South Africa. With the risk of fires increasing during the winter season, Discovery Insure this morning launched the Discovery Fire Force project in Johannesburg, a unique solution aimed at protecting Discovery Insure clients in the metropolitan area from the devastatin
One year on: More than 100 000 potholes repaired and counting
Over 100,000 potholes repaired by The Pothole Patrol in one year. Over 4400 potholes reported in Sandton alone. Roodepoort given the unfortunate crown of area with the most potholes. William Nicol labelled as the most treacherous road in Joburg and to celebrate The Pothole Patrol’s one-year anniversary, as well as to commemorate the UN Global Road Safety Week which
How young is too young to start thinking about retirement?
Johannesburg, 11 May 2022 — According to National Treasury, South Africans generally need more awareness of investments and savings in general. Luckily, you’re never too young to start investing in your future, or too old to change the way you think about your retirement, as the 11-year-old star of a new Discovery Invest campaign helps us see.
“When people don’t save enough for retirement, and