Cogence brings BlackRock to South Africa - A relationship that gives SA financial advisers access to the global investment universe
Johannesburg 22 March 2023: Discovery Chief Executive Adrian Gore hosted BlackRock's EMEA Head, Stephen Cohen, in a virtual examination of the current state of markets, the importance of innovation and the principles underscoring the phenomenal growth of Discovery and BlackRock. The success of these organisations prefaced a discussion on how BlackRock’s expertise in global investment and Aladdin W
The Future of life insurance. NOW.
Today Discovery Life announced the launch of Discovery Life Plan 3.0, a fully digitised customer experience that will become available from 17 March 2023. This new Life Plan is designed to provide clients with access to the most comprehensive suite of risk protection benefits, and experience them, simply and powerfully on the face of their mobile phone. This follows two decades of innovation in bu
Eyes on the horizon as turmoil turns to hope: A view of the markets for 2023
Johannesburg, 31 January 2023 – Off the back of a tumultuous year for investors, 2023 is set to be one that marks the dawn of a new global market regime, requiring a new investment playbook. The following outlook is provided by Discovery Invest and its partners, Ninety-One, BlackRock, and Goldman Sachs (GSAM) – world leaders in asset management.
The consensus among them converges on the view th
Best Domestic Contact Centre in South Africa takes 35 000 calls a day while high-quality service remains a priority
8 December 2022, Sandton: The Contact Centre Management Group (CCMG), a professional body of the contact centre industry in South Africa, recently announced the top businesses and professionals in the industry. Recognising it as a business role model in innovative ways of working, Discovery Health received both the “Best Domestic Contact Centre” and the “Best Contact Centre Support Professionals”
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 and Discovery Life take top spots for customer experience in the 2022 Ask Afrika Orange Index®
Discovery Bank as the bank with the best client experience in South Africa, and Discovery Life as the leader in service in the long-term Insurance category.
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
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 Foundation awards R16 million to public sector doctors in 2021
Despite another challenging year, the Discovery Foundation continues to support ground-breaking clinical research and medical training in South Africa, with research grants for 22 public sector doctors and nine institutions in 2021.
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.
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
Insuring against power surges can help cover damaged appliances especially during load shedding - Discovery Insure
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
The most common severe illness amongst South African women is cancer – Discovery Life claims data
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