A type of policy that is setup with billing that allows for the customer or broker to receive a single, combined invoice while creating a company payable for more than one unrelated company.

This is necessary when the size and nature of an insurable risk is such that a single company is unwilling or unable to insure the entire risk.

In this situation several unrelated companies share the risk, while the agency maintains one policy for the insured or broker in the AMS360 service module.