Discovery Ltd - Company Profile
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Discovery Ltd (Discovery) is an integrated financial services company. It operates in health insurance, life assurance, investment, and health and wellness markets. The company, along with its subsidiaries, offers life insurance coverage for death, disability, critical illness and loss of income; private medical insurance products; and investment and long-term savings products. It administers and provides managed care services to medical schemes. Discovery also provides motor insurance, risk-only life assurance and consumer-driven health insurance products. The company operates in South Africa, the US, the UK, Singapore, Australia. and China. Discovery is headquartered in Sandton, Gauteng, South Africa.
Discovery Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Life Insurance | Investment Planning Services | Discovery |
Health Insurance | Digital Banking | Discovery Bank |
Executive Plan | Discovery Insure | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Corporate Awards | In October, the company’s Discovery Bank recognized as BEST Bank Service by Ask Afrika Orange Index. |
2023 | Contracts/Agreements | In September, the company Discovery Vitality partnered with Checkers and Checkers Sixty60. |
2023 | New Products/Services | In September, the company unveiled Discovery Green, a new renewable power trading platform. |
Competitor Comparison
Key Parameters | Discovery Ltd | Old Mutual Ltd | Sanlam Ltd | Momentum Metropolitan Holdings Ltd | Alexander Forbes Group Holdings Ltd |
---|---|---|---|---|---|
Headquarters | South Africa | South Africa | South Africa | South Africa | South Africa |
City | Sandton | Cape Town | Bellville | Centurion | Sandton |
State/Province | Gauteng | Western Cape | - | Gauteng | - |
No. of Employees | 13,700 | 27,265 | 113,748 | 16,117 | 2,587 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Adrian Gore | Chief Executive Officer - Group; Director | Executive Board | - | 59 |
Deon Marius Viljoen | Chief Financial Officer - Group; Director | Executive Board | - | 58 |
Barry Swartzberg | Chief Executive Officer - Vitality Group; Director - International Operation | Senior Management | - | 58 |
Mark Tucker | Chairman | Non Executive Board | - | 65 |
Zimkhitha Saungweme | Chief People Officer | Senior Management | 2021 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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