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 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
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.
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
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 policies,
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
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 has been approved for a secondary listing on A2X Markets.
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
We are saddened by the news released earlier today advising that Comair, one of our longest standing Vitality partners, has stopped operations.
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.
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
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
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
Save money and go everywhere with Discovery Bank’s comprehensive Vitality Travel offering.
Discovery Bank launches its inaugural Spend Trend report, a fascinating look into the money trends and spending habits among the Bank’s client base over the last year.
Johannesburg, 17 March 2022 – Discovery Bank today released its inaugural “SAFx Rater”, a comparative analysis of features and benefits of forex accounts offered by major banks and forex providers in South Africa. With the recent strengthening of the rand against major currencies, there has been significant interest in opening foreign exchange accounts to take advantage of this. Discovery Bank has
When power returns after load shedding, households may experience a surge of current to their plugged-in appliances and this could cause serious damage. The appliances may even be irreparable following a serious spike in current.
Head of Strategy at Discovery Insure, Kgodiso Mokonyane says: “Recent Discovery Insure claims data reveals that clients are between 2.08 and 2.3 times more likely to
Today Discovery Life revealed that, according to its latest claims data, cancer is the most common severe illness in South Africa for women.
Issued on International Women’s Day (8 March 2022), Discovery Life highlighted key issues surrounding women’s health, and what interventions can be made to ensure improved outcomes.
Second to cancer, the claims data found that nervous system and cardio
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.
