Discovery Enters Japanese Insurance With Sumitomo, SoftBank Deal

  • Vitality programs to be offered after regulatory approvals
  • Discovery CEO Gore says company doesn’t need more territories

Discovery Ltd., South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co. and SoftBank Group Corp. to develop and introduce products for the world’s third-largest economy.

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