Discovery is a multinational financial services and health insurance company based in South Africa. It was founded in 1992 by Adrian Gore and Barry Swartzberg as a small health insurer called The Medical Health Care Group. The company started with a strong focus on providing innovative health insurance products and has since expanded into various other financial services.

Discovery's headquarters are located in Sandton, Johannesburg, South Africa. The company's main building, known as Discovery Place, is a modern and environmentally friendly structure that reflects the company's commitment to sustainable practices. The company offers a wide range of products and services to its customers.

Its main offerings include health insurance, life insurance, short-term insurance, investment products, and wellness programs. Discovery's unique approach involves incentivizing customers to live healthier lifestyles through its Vitality program, which rewards members for engaging in healthy behaviors such as exercising regularly and eating nutritious foods. On a global scale, Discovery has a significant presence and operates in several countries, including the United Kingdom, the United States, China, Singapore, and Australia.

It has also established noteworthy subsidiaries, joint ventures, and partnerships. For example, Discovery owns vitalityLife, a leading life insurance company in the UK, and Ping An Health, a joint venture with Ping An Insurance Group in China. In terms of market position, Discovery has been successful in establishing itself as a leader in the health insurance and financial services industries.

It has achieved substantial global sales and has often been recognized as one of the top insurance companies in the world. The company has effectively differentiated itself from competitors through its emphasis on wellness and preventive healthcare. Throughout its history, Discovery has experienced several major events and achievements that have contributed to its growth.

One such milestone was the company's listing on the Johannesburg Stock Exchange in 1997, which allowed it to access capital and expand its operations. Additionally, Discovery's partnership with Apple in 2018 to reward customers with the Apple Watch for meeting their fitness goals showcased the company's commitment to leveraging technology for customer engagement. As of the latest available information, Discovery continues to grow and innovate in the financial services and health insurance sectors.

The company remains focused on expanding its global presence, enhancing its product offerings, and further developing its technology platforms to provide customers with personalized and value-driven services. The COVID-19 pandemic has posed challenges, but Discovery has adapted by offering telemedicine services and digital solutions to support its customers' healthcare needs