The insurers will advise you of any such cases relating to your customers and allow you the opportunity to adjust your credit arrangements accordingly. Many potential bad debts can be avoided this way.

Importantly, cash-flow difficulties can become known by insurers a long time before they become common knowledge, due to the reporting requirements of other policyholders.

By constantly monitoring your buyers, both in the UK and overseas, the insurer can often provide important alerts when something adverse becomes known to them.