Topics: Awards

  • Over R2bn in Group Risk claims paid out by Discovery

    Johannesburg, 29 October 2021 – In a claims experience analysis, Discovery Group Risk today reported claim payouts to the value of R2.10 billion in the year to June 2021, which reflects a 42% increase compared to the previous year. The company offers group risk benefits that include life cover, global cover for the education of employees' children, severe illness cover, lump-sum and monthly disabi

  • Discovery Life claims data demonstrates the significant value of comprehensive life insurance during the COVID-19 pandemic

    Discovery Life released its annual claims data insights today, illustrating the impact of the COVID-19 pandemic on life insurers Total claims paid out to clients in 2020 amounted to R4.7 billion, COVID-19 related pay-outs are expected to reach R6.2 billion across Individual Life and Group Risk claims by the end of the 2022 financial year COVID-19 has overtaken heart disease and cancer as the le

  • Discovery Bank launches Vitality Money Financial Analyser

    Johannesburg, 27 October 2021 –Putting clients in control of their money,Discovery Bank today announced the launch of Vitality Money Financial Analyser.
    Vitality Money Financial Analyser gives personalised insights into monthly income, savings and spending.
    About 65%* of people don’t know what they spend their money on in a month and more than half** underestimate how much they spend, which

  • Discovery Business Insurance innovates to address the growing threat posed by Cyber Crime

    Johannesburg, 26 October 2021 – As the world recognises October as Cyber Security Awareness month Discovery Business Insurance is highlighting the critical need for businesses to ensure that they are appropriately covered to mitigate against the risk of cyber crime, which has become one of the biggest risks facing businesses today.
    Now in its 18th year, Cyber Security Awareness Month, which

  • Will COVID-19’s impact on cancer screening mean people are diagnosed with more advanced cancers?

    Will COVID-19’s impact on cancer screening mean people are diagnosed with more advanced cancers?
    1 in 28 South African women at risk of breast cancer
    Over the course of the COVID-19 pandemic, there’s been a decline in people sticking to routine and scheduled cancer screening checks - like mammograms for breast cancer, pap smears for cervical cancer, PSA blood tests and examinations for pro

  • Olympic gold medallist Tatjana Schoenmaker named as a Discovery Vitality Ambassador

    JOHANNESBURG, 20 October 2021 – Discovery is proud to announce Tatjana Schoenmaker (24) as a Discovery Vitality Ambassador. The South African swimming sensation has recently returned home from the Tokyo 2020 Olympic Games after winning a gold medal and setting the world record in the 200 m breaststroke, as well as bringing home silver in the 100 m breaststroke.
    “We are delighted and honoured t

  • Discovery Invest Launches Market-First European Credit Opportunities Fund

    Johannesburg, 19 October 2021- In line with its aim to bring new investment opportunities to South African clients, Discovery Invest today announced the launch of a market first credit fund targeting annual returns in Euros of 7% per annum, net of fees and taxes.
    The Discovery European Credit Opportunities Fund, managed by Ninety One, is an international structured fund that offers access to a

  • The 2021 Vitality Running World Cup Champion Announced

    South Africa has today been crowned Champion of the 2021 Vitality Running World Cup. Qualifying for the Finals in 2nd position, South Africa leapt up the leaderboard to take the win with 134,000 runners participating in the tournament.
    In second place, was Namibia with 3,408 runners. Just behind with Mongolia was 4,424 runners and in fourth place, England with 61,000.
    Now in its third year,

  • Joburg Pothole Patrol launches mobile app in transport month

    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

  • Pioneering Algorithm Calculates The Number Of Years Individuals Can Expect To Live In Good Health

    Research shows that the number of years people are spending in ill health is increasing, primarily due to the rising prevalence of chronic diseases, driven by unhealthy lifestyles Experts call for focus on healthspan, the quality of life, alongside lifespan, the quantity of life, citing significant economic and social benefits Pioneering algorithm by Vitality, in collaboration with RAND Europe,

  • Discovery announces the latest business innovations within the Discovery Health portfolio

    Johannesburg, 1 October 2021: Discovery announced the latest business innovations within the Discovery Health portfolio, at its its annual product-update event with financial advisers on 30 September 2021.
    “The golden thread running through the various elements we shared with the financial adviser community and media today, was our focus on personalisation of healthcare through digitally-powere

  • Discovery Bank and Vitality announce new offerings to deliver integrated value for clients

    Johannesburg, 30 September 2021 – Discovery Bank today announced new digital and fintech innovations for a comprehensive digital financial services experience at its annual product-update event with financial advisers.
    “With the latest features, our clients have access to a full range of financial capabilities in one place – our digital banking platform. This platform is not only transforming b

  • Discovery Health Medical Scheme announces a second year of deferred contribution increases

    30 September 2021 - Today Discovery Health Medical Scheme (DHMS) announced that it would again the delay the implementation of its annual contribution increases. After delaying the annual contribution increases for 2021 by 6 months to 1 July 2021, the Scheme announced that the annual contribution increases of 7.9% for 2022 would only be implemented from 1 May 2022. This makes Discovery Health Me

  • Discovery Business Insurance marks Heritage Month with the shortlisting of 7 finalists in Restaurant ReDiscovery competition

    23 September 2021 - Discovery Business Insurance together with restaurateur and musician J’Something of Mi Casa, has announced the seven South African restaurants that are all in line win a R25,000 cash injection into their restaurant. On 6 September Discovery Business Insurance launched #RestaurantReDiscovery, inviting restaurant goers to tag their favourite eat out spots on Discovery’s social me

  • Discovery Vitality members will earn 2500 Vitality points for COVID-19 vaccination

    09 September 2021 – Discovery Vitality announced today that all Vitality members aged 18 or older will be awarded 2 500 Vitality points for being fully vaccinated against COVID-19 in 2021.
    These points will be awarded retrospectively in October for those who have already been vaccinated. Discovery Vitality CEO Dinesh Govender says: “If members have already been vaccinated, there is nothing more

  • New Discovery Health Diabetes Shared-value programme supports healthcare professionals to curb SA’s diabetes pandemic

    Clinical trials and real-world data show that for people who live with diabetes, improving glycaemic (blood sugar) control slows down the rate at which the disease progresses, prevents the onset of serious complications and reduces the overall healthcare cost associated with the condition. Also, according to analysis of data emanating from Discovery Health Medical Scheme (DHMS), members living wit

  • This #HeritageMonth, Discovery Business Insurance marks the occasion by giving South Africa’s home-grown restaurants a boost

    Food is a rich part of South Africa’s heritage and Discovery Business Insurance has launched a campaign which celebrates this - #RestaurantReDiscovery.
    Joined by restaurateur and popular musician, J’Something of one of SA’s loved local bands, Mi Casa, Discovery Business Insurance is inviting South Africans to rally around the theme of “Re-Discovery” – Re-discovering our roots. Re-discovering o

  • Ongoing investment in the national vaccination programme with the intention to mandate vaccines for all Discovery employees in SA

    Given that global and local data strongly support the safety and efficacy of vaccination, Discovery continues to take a leadership role in driving up national vaccination rates, through its employees, products, and working closely with the National Department of Health on the country’s vaccination roll out.
    “In our support of the national vaccination programme, Discovery has established nine v

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