Discovery Holdings Ltd. ADR (D3H0)

Overview

Discovery Limited is a diversified financial services organization offering a broad range of insurance products and services, with its primary operations based in South Africa and the United Kingdom. It operates through multiple segments, including Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and All Other segments. Initially known as Discovery Holdings Limited, the company underwent a name change to Discovery Limited in December 2012. Since its inception in 1992, Discovery has established itself as a leading provider of insurance and financial solutions in its operational territories, with its headquarters located in Johannesburg, South Africa.

Products and Services

Discovery Limited offers a wide array of insurance and financial products designed to cater to the diverse needs of its customer base. These products and services include:

• Health Insurance: Comprehensive private medical insurance products that provide coverage for a range of health-related expenses.
• Life Insurance: A variety of life insurance options designed to offer financial protection and peace of mind to policyholders and their families.
• Car Insurance: Coverage against damages to vehicles as well as liability for injuries and property damage to others.
• Travel Insurance: Protection for individuals traveling domestically or internationally, covering unexpected events such as trip cancellations, medical emergencies, and loss of baggage.
• Business Insurance: Tailored insurance solutions for businesses, covering property damage, liability issues, and other commercial risks.
• Home Insurance: Policies that protect against financial losses due to damage to property, including buildings and household contents, as well as portable possessions.
• Managed Care Services: Services designed to optimize healthcare outcomes by managing healthcare systems and patient care effectively.
• Financial Solutions: Offering financial planning and investment products to help customers manage their wealth and achieve their financial goals.
• Retail Banking Solutions: Banking services including deposit accounts, loans, and advances to cater to the banking needs of customers.
• Vitality: A unique offering that combines health and lifestyle benefits to encourage and reward healthy living among its members.