South Africa’s Discovery, AIA to partner for Asian insurance tech venture

February 15, 2022

(Reuters) – South Africa’s Discovery Ltd said on Tuesday it would set up an Asia-focused health insurance technology business in partnership with Hong Kong-listed AIA Group Ltd.

Discovery will own 25% of the joint venture, to be called Amplify Health, while AIA will own the rest.

(Reporting by Amna Karimi in Bengaluru; Editing by Sriraj Kalluvila)