Discovery Limited is a South African-founded financial services organization that operates in the healthcare, life assurance, short-term insurance, savings and investment products and wellness markets. Founded in 1992, Discovery is guided by a clear core purpose – to make people healthier and to enhance and protect their lives. Underpinning this core purpose is the belief that through innovation, Discovery can be a powerful market disruptor and a force for social good. To pursue this goal, Discovery employs its Vitality Shared-Value Insurance model, which incentivizes healthier behaviour for the benefit of clients, insurers and society.
With headquarters in Johannesburg, South Africa, Discovery has expanded its operations globally and currently impacts 6.9 million lives in 16 countries and has close to 12 000 employees worldwide. In its primary markets of South Africa and the UK, Discovery owns and operates the financial service provider or insurer.
In its international partner markets, through Vitality Group, Discovery partners with leading global insurers through the Global Vitality Network to implement the Vitality Shared-Value Insurance model and lead innovation in financial services and insurance sectors. In these markets, Vitality Group offers a franchised Vitality product to partner insurers that is based on its successful Vitality Active Rewards product. The Global Vitality Network consists of an alliance of leading insurers with a mandate to increasingly harness the scale, geographic diversity and innovations in this alliance to positively impact clients, insurance partners, and the societies they serve.