Discovery is known in South Africa as an innovative disruptor of the life and medical insurance industries. The brand is established as a household name locally, and as the world’s most innovative life insurer internationally.
Less known is how Discovery is quickly staking its claim as a major disruptor in both the long-term investing space and as a provider of holistic corporate solutions that cater for the financial, health and risk needs of employees.
Discovery Invest, which provides a wide range of funds to access both local and offshore markets, has been quietly enjoying a run as South Africa’s fastest-growing investment provider since its inception. This month the business is celebrating a major milestone in its history – reaching R100 billion in assets under management.
Yet the essence of Discovery’s story lies not in its corporate successes, but in a model for addressing grand social challenges, through incremental changes to people’s behaviour.
Across the multiple sectors in which it operates, Discovery’s message to consumers is the same: “We will reward you for adopting the behaviours that are best for your health.”
Discovery has proven that when your customers are healthier, so is your business, and so is society.
In this digital magazine issue of Personal Finance, Discovery explores the two-decade evolution of its unique shared-value model.
An idea that aligns the core strategic imperative of business, with the needs of people and the societies they live and thrive in.
For more information visit Discovery Invest’s website and follow #DiscoveryInvest on social media.