Discovery head office in Johannesburg, South Africa
Announcing its annual results out of Johannesburg this morning, financial services group Discovery (Discovery.co.za) (JSE share code: DSY ISIN: ZAE000022331), outlined the growth in scale and impact of its Vitality Shared-Value Insurance model (SharedValueInsurance.com). Since launching Vitality twenty years ago, Discovery has invested considerably in building a platform that serves a global network of insurers, providing access to the Vitality brand, product offerings, technological innovations, actuarial and data insights and program assets. This Global Vitality Network now operates in 16 countries across North America, Europe, pan-Asia, South Africa and the United Kingdom, serving close to 10 million clients through seven insurers. As an integrated incentive-driven insurance model, Vitality is uniquely positioned to “monetise” better health, and is attracting over 150 000 new members a month.