
nsurance Business reports that, with its suppliers facing limited recoveries after a proposed rescue deal collapsed, Revolution Bars’ administration is refocusing attention on hospitality trade credit risk. Parent company, The Revel Collective, entered administration after a potential purchaser withdrew following due diligence. Restructuring specialist Michael Lynch said buyers typically prefer to acquire businesses without legacy debt, meaning any meaningful benefit for trade creditors is “unusual”. The article notes that, for trade credit insurers, the episode underlines how quickly exposure can crystallise, reinforcing the value of proactive buyer monitoring, timely limit management, and disciplined exposure control. For brokers, the episode reinforces the need to position trade credit insurance as an active risk management tool rather than a last resort after default. To read Insurance Business‘ article, go to https://www.insurancebusinessmag.com/uk/news/hospitality/revolution-bars-administration-exposes-trade-credit-risk-for-hospitality-suppliers-563305.aspx.