Episode 10 - Discovery Life CEO Riaan van Reenen on how increased life expectancy affects the insurance industry
In this Business Talk with Michael Avery interview, Riaan van Reenen discusses how increased life expectancy impacts the life insurance industry.
Van Reenen is the CEO of Discovery Life and has over two decades of experience with this business unit.
He worked at Discovery Health until Discovery Life was founded in 2001 — and he has since served in various roles in the Discovery Life division.
Van Reenen’s main goal is to help Discovery Life’s customers lead healthier lives through unique, shared-value offerings.
In this Business Talk interview, van Reenen discusses the difference between lifespan and healthspan - and how this is affecting the life insurance industry.
He then explains how Discovery Life is using its rewarding shared-value model to help its clients stay healthier for longer.
After sharing evidence for how successful this model has been, van Reenen talks about hyper-personalisation and how it helps Discovery Life clients maximise both their health and their finances.
He discusses the other cutting-edge tools and platforms that are helping South Africans stay healthier for longer, and concludes the interview by providing advice to South Africans who want to begin their journey to better health.
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