Discovery reports resilient full year performance
Discovery Group Chief Executive, Adrian Gore, presented Discovery’s results for the year ended 30 June 2020 confirming the Group’s financial strength and strategic relevance.
Topics: Health, Health Care, Pharmaceuticals
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Discovery data insights show that up to 16 000 South African lives will have been saved from COVID 19 related deaths, by 2021 as a result of efforts to curb the spread of COVID-19
Discovery presents new insights into the progress of the COVID-19 pandemic in South Africa and globally and investigates dynamic interventions that have saved lives and that have helped the country to navigate the peaks of the pandemic.
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Younger drivers reduced mileage the most compared to all age groups during lockdown – Discovery Insure data shows
Analysis of Discovery Insure’s clients’ driving behaviour during the national lockdown indicates that its best drivers reduced their mileage by up to 89%, and younger drivers reduced their mileage more than older clients. The findings were issued today.
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Vitality’s 65+, bespoke programme for older adults enables members to live longer and better
Discovery is pleased to announce the successful launch of its Vitality 65+ offering. Vitality members, 65 years or older, can now achieve better health with age-appropriate goals, interventions and activities, with exclusive enhancements to the Vitality programme, across Health, Insure, Life and Invest - that help them achieve better health with age-appropriate goals, interventions and activities.
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Discovery’s Roseanne Harris elected President of International Actuarial Association
Professor Harris has been a member of the Executive Committee of the International Actuarial Association since 2018 and among other roles, has served as the Chair of the Health and Education Committees of the Actuarial Society of South Africa, and as the President of the Actuarial Society of South Africa in 2016 and 2017.
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2019 Discovery Life claims insights and COVID-19 trends
During 2019, Discovery Life paid out R4.8 billion to policyholders, including a total of R1.2 billion through the PayBack benefit. In addition, Cash Conversions to the value of R2.8 billion are expected to mature over the course of the next 5 years. Breakdown per benefit: • R2.28bn in life cover • R1.1bn Severe Illness Benefit • R816m Disability benefit • R375m income Continuation Benefit
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Discovery Bank offers locked-in interest rate on savings
In line with National Savings Month, Discovery Bank will postpone implementing the interest rate reduction announced yesterday and will keep the interest rates on all its savings accounts as is for the next 14 days. The interest that Discovery Bank charges its clients on their borrowings will, however, be reduced with effect from July 24 2020.
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Discovery Invest launches global investment offering in association with BlackRock and Goldman Sachs
Discovery Invest launched a greatly-enhanced global investment solution that uses shared value to create the world’s first exchange rate enhancer, and offers investment choices advised by BlackRock and Goldman Sachs, world leaders in asset management.
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Discovery wins Global Innovator at the Efma–Accenture Innovation in Insurance Awards 2020
Discovery recognised as the recipient of the Gold Global Innovator Award at the 2020 Efma-Accenture Innovation in Insurance Awards, a virtual ceremony showcasing the best examples of insurance innovations across the globe.
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Discovery Business Insurance updates address the changing needs of SMEs
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.
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Discovery Insure and Motus Financial Services partner on new warranty product
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.
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New basic private healthcare for employees of households
Discovery has created an affordable way for employers to secure basic private healthcare services for their employees, including support for COVID-19. This is available through Primary Care for Household Employees, which gives household employees and their dependants access to primary private healthcare benefits from R249 per month.
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Discovery shares its latest COVID-19 research on outcomes specific to SA
Discovery presents insights on the financial impact of COVID-19 on medical schemes in South Africa, and a COVID-19 Resilience Index outlining the relative risk of being hospitalised due to COVID-19.
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Lower your risk: Vitality moves healthy lifestyle online during Covid-19
Online healthy cooking classes, digital meditation sessions and virtual runs in the Kruger. Why not? It could reduce Covid-19 severity.
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Free online COVID-19 screening and consultations available to all South Africans through Discovery and Vodacom partnership
Discovery and Vodacom have partnered to deliver a simple but powerful online healthcare platform for the benefit of all South Africans during the COVID-19 pandemic. This platform provides easy access for all South Africans to a COVID-19 risk tool, to help understand your personal risk for COVID-19 plus, where needed, to immediately schedule healthcare professional consultations and get advice.
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Vitality unlocks additional adjustments to its wellness programme to encourage South Africans to stay healthy and rewarded while at home
In support of our President’s call for our nation to heighten collective efforts in curbing the spread of COVID-19 by staying at home, Discovery Vitality is adjusting its wellness offering to members to encourage healthier choices during this 21-day period.
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Vitality and UNICEF come together to vaccinate one million children, but you have to run for it.
The Vitality Running World Cup and UNICEF are partnering to ensure more children are vaccinated against deadly diseases. By getting more active and completing runs, runners can unlock one million vaccines, donated by Vitality.
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The Vitality Running World Cup is off the starting blocks
Discovery Vitality today announced that registration is open for the Vitality Running World Cup, the annual, free-to-enter, knockout running competition gives both active and inactive people the opportunity to Move More. Taking place in 180 countries, from 5 March to 5 April 2020, the Vitality Running World Cup will allow countries to compete against each other for top spot.
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Discovery Miles 101: how Vitality members can earn and spend them in 2020
From January 2020, Vitality members and Discovery Bank clients can earn Discovery Miles – the new rewards currency that will be widely accepted, easy to earn and spend for Vitality members, who have up to now earned Vitality Rewards Points.
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New Vitality Health International Division and leadership changes to drive Discovery’s global health insurance initiatives
Discovery today announced the establishment of a new business unit, Vitality Health International (VHI).
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