Our milestones
Key Discovery milestones
March 1992: |
Adrian Gore sets up office |
| May 1992: | Barry Swartzberg joins Adrian |
| February 1993: | First group joins the medical scheme – Rand Merchant Bank |
| May 1993: | Nashua signs up |
| January 1994: | Momentum Life joins |
| 1995: | Introduction of first claims system |
| 1997: | Cape Town and Durban administrative offices join |
November 1997: |
Launch of Vitality, Discovery’s wellness programme |
| January 1998: | Launch of Intermediary Institute |
| August 1998: | Launch of the Discovery Health brand |
| November 1998: | Adrian is voted as Ernst & Young’s Entrepreneur of 1998 |
| June 1999: | Discovery Health achieves R1 billion in new business |
October 1999: |
Discovery lists on the JSE |
| October 1999 – January 2000: | Re launch of Discovery Health Plans to comply with the new Medical Schemes Act |
May 2000: |
Launch of Destiny Health in USA |
September 2000: |
Launch of Discovery Life |
| August 2001: | Launch of www.discovery.co.za |
| October 2001: | Discovery Health achieves R2 billion in new business |
| January 2002: | Destiny Health launches Vitality in the USA |
| February 2002: | Discovery Health opens Cape Town call centre |
| May 2002: | Destiny Health’s back office functions moved to Discovery Health’s SA infrastructure |
| June 2002: | Introduction of service teams in Discovery Health |
| July 2002: | Discovery Life launches the Discovery Integrator |
October 2002: |
Launch of KeyCare |
| May 2003: | Discovery Life launches the Health Plan Protector |
| May 2004: | Adrian voted Men’s Health Best Man in 2004 in the Business Category |
August 2004: |
Launch of the DiscoveryCard |
October 2004: |
Launch of PruHealth |
| June 2005: | Discovery Life launches the Discovery retirement OptimiserTM |
| September 2005: | Discovery’s BEE transaction announced |
| August 2006: | Launch of the Discovery Foundation |
| October 2006: | Launch of Vitality WellPoint, a corporate wellness programme |
| January 2007: | Discovery Health Medical Scheme reaches two million lives |
| February 2007: | PruHealth reaches 100 000 lives |
March 2007: |
Discovery launches PruProtect |
August 2007: |
Discovery launches Vitality Stand Alone in the US |
October 2007: |
Discovery launches Discovery Invest |
December 2007: |
PruHealth reaches 150 000 lives
|
| February 2008: | Discovery announces wind down of Destiny Health |
| May 2008: | Discovery Health launches advertising campaign to celebrate South Africa’s world-class doctors |
| June 2008: | Discovery Invest manages R1.4 billion worth of assets |
September 2008: |
Discovery Vitality launches the HealthyFood™ benefit in partnership with Pick n Pay |
| October 2008: | Discovery Vitality introduces the Vitality Insured Persons study – a research study on the effectiveness of Vitality to lower healthcare costs, with UCT and Harvard University. |
| January 2009: | Discovery launches the first dedicated awards for health writers and journalists |
| June 2009: | Discovery Vitality launches HealthyFood, Healthy You lifestyle makeover show on DSTV home channel |
| July 2009: | Discovery Invest hosts the Discovery Invest Leadership Summit with among others, international key-note speakers Sir Richard Branson, Malcolm Gladwell. 168 000 people are using the HealthyFood™ benefit |
| December 2009: | Discovery signs a non-binding term sheet to acquire up to 24.99% stake in Ping An Health Insurance Co. of China Ltd, a wholly-owned subsidiary of Ping An Insurance (Group) Company of China, Ltd |
| May 2010: | Discovery acquires Standard Life Healthcare, a wholly-owned subsidiary of the Standard Life Group and the UK’s fourth-largest PMI provider, thereby increasing its shareholding of PruHealth and PruProtect to 75%. |
