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Line of business · Accident
Accident: individual and group, with administration under control
Accident is simple in its product and demanding in its administration: sums insured per cover, beneficiaries, and groups that change every month. Hermes manages both worlds, with additions and removals of insured members in groups and claims settlement by scale.
What you can underwrite in Accident
- Individual accidentDeath, permanent disability, temporary incapacity and medical assistance for accidents.
- Group schemesAgreements, companies and associations, with a variable insured population and group conditions.
- Complementary coversDouble capital for traffic accidents, medical expenses and subsidies.
- Affinity schemesA product tied to a group or distributing entity.
How Hermes manages it
- Sums insured per coverDefine the insured capital of each cover and its premium impact by rules.
- Group administrationAdditions, removals and changes of insured members with premium recalculation and periodic adjustment.
- Beneficiaries & designationsManagement of beneficiaries per insured member and cover.
- Claims by scaleValuation by cover and scale, reserves, payments and document traceability.
- Distribution by groupPortals and APIs for the distributing entity to manage its group.
- Renewal & adjustmentBatch renewal with premium adjustment according to the period’s movements.
Why Hermes for Accident
Groups without spreadsheets
Additions and removals controlled in-platform, with automatic premium adjustment.
Traceable settlement
Every claim payment is tied to its cover, scale and beneficiary.
Scale through affinity
Open the product to groups and partners via API without rebuilding the configuration.
Frequently asked questions
- How are a group’s additions and removals managed?
- In the group administration, with premium recalculation and adjustment in the agreed period.
- Can I define different sums insured per cover?
- Yes, per cover and modality, with premium calculation by no-code rules.
- Does it support several beneficiaries per insured?
- Yes, with designation of beneficiaries per insured member and cover.