Discovery Limited announces a strategic partnership with Sumitomo Life Insurance Co. (Sumitomo Life) and SoftBank Corporation (SoftBank) that will see shared value insurance introduced to the Japanese life insurance market through the joint development and introduction of insurance products incorporated with Vitality, Discovery’s globally recognised wellness programme.
Generali Vitality, based on the Discovery Vitality programme and Discovery’s shared value insurance model, will be available to Generali customers in Germany from 1 July 2016.
The Inaugural Discovery Duathlon, held in Sandton over the weekend of the 24th and 25th October, was a huge success with a great turnout! Fitness enthusiasts, aspiring athletes and novices took to the streets amidst the scorching Johannesburg temperatures, with the aim to complete a RunCycleRun.
Performance highlights for the period include: New business up by 51% to R17 532 million, boosted by Discovery Health being awarded the business of Bankmed Medical Scheme. Core new business grew by 15%. Normalised profit from operations up 17% to R5 789 million Normalised headline earnings increased by 16% to R4 027 million
Discovery announced today the launch of Vitality Active Rewards with Apple Watch for use by Vitality and the Vitality Network. Vitality Active Rewards with Apple Watch will enable Vitality members around the world to be motivated and encouraged to get more active and by achieving their goals, earn their Apple Watch and pay less for their health or life insurance.
Discovery has been named by Fortune magazine as one of the top 51 companies in an index that ranks companies across the world on the significance of their social impact. In Fortune’s inaugural Change the World list, Discovery features 17th ahead of established brands like IBM, Nike, Unilever, and Starbucks.
Discovery Limited (“Discovery”) and John Hancock Insurance (“John Hancock”) have entered into a strategic partnership which will see the introduction of a comprehensive healthy living program for U.S. consumers. John Hancock, a division of the global financial services group Manulife, is one of the largest life insurers in the United States.
Discovery Limited today announced details of the Group’s intention to raise capital to the amount of R5 billion through a fully underwritten, renounceable rights issue. Proceeds of the rights issue will be used to fund growth in adjacent financial markets in South Africa, and to drive further growth in its high-potential protection business in the UK, VitalityLife.
18 November - The Generali Group (“Generali”) today announced a strategic partnership that will see the introduction of Discovery’s shared-value insurance model to the European market. Generali is one of the 50 largest organisations in the world and serves over 60 million clients.
Discovery today announced an important strategic change in its business with its acquisition of the remaining 25% stake in Prudential Health Holdings Limited, the holding company of PruHealth and PruProtect in the UK.
Johannesburg (26 August 2014) – Discovery Limited today announced a strategic partnership deal with US-based Cambridge Mobile Telematics (CMT), a leading telematics technology provider. This deal will further bolster the current strategic partnership between Discovery Insure and CMT.
Discovery CEO Adrian Gore opens the first Discovery Financial Planning Summit - “Without great financial planning, without great financial planners and without brilliant financial advice, people will fail in their financial affairs in in their financial affairs in retirement” .
Discovery is a shared value insurance company whose purpose and ambition are achieved through a pioneering business model that incentivises people to be healthier, and enhances and protects their lives.
Discovery Group Limited, 1 Discovery Place, Sandton
2196 Johannesburg
South Africa
