Discovery Business InsuranceCORPORATE ESSENTIALS
About Discovery Business Insurance
Discovery was founded in 1992 with the purpose of making people healthier and enhancing and protecting their lives. Over the years this has evolved into a sophisticated shared-value business model that operates in the health insurance, life insurance, investments, banking, and short-term insurance markets. The various applications of our shared-value insurance model in 19 countries have given us unique insights that we are able to apply to our various business offerings.
Discovery Insure was founded in 2011 with a vision of creating a nation of great drivers through shared value, by incentivising clients to improve their driving behaviour and benefit from lower premiums. The insurer benefits from lower claims and lower lapse rates. Society also benefits from safer roads for all.
In May 2018, Discovery Business Insurance was launched with a vision of building better businesses. We understand that different businesses have different needs. That’s why we provide comprehensive, yet flexible, the insurance cover that is tailored to each business and considers the unique risks businesses face in a modern, fast-paced world. Our business insurance offering is driven by technology and built on a model of shared value.
Services/Products we offer
Discovery Business Insurance provides comprehensive insurance that offers all the benefits of the traditional multi-peril policy. In addition, we have expanded our offering to include cover for business risks of today such as cyber risks, non-physical damage business interruption, reputational risks, social media liability, and legal risks. Businesses can also improve their driving behaviour and earn great rewards with Vitality Drive for Business.
We enable our clients to assess their business health in the areas of finance, people, operations and sales and give them recommendations on areas of improvement. Furthermore, we give them access to service providers who can help them develop in the right direction.
Clients also get access to claims service innovations to help them get back to business quickly following a claim. Our claims services include a dedicated Project Manager for large or complex claims and 24-hour assistance for cyber, legal and reputation management claims.
Discovery Insure Ltd is an authorised financial services provider. Registration number 2009/011882/06. Product rules, terms and conditions apply.