I worked on the Cluster project as a software developer for many years, at the University of Sussex in Brighton. My first job. And it blew up. Great first job. I was watching live with hundreds of engineers and scientists at Rutherford Appleton Laboratory. There was silence. All we could hear were birds singing, coming over the satellite link. Quite an experience. Amazingly, the Cluster project got up and running with replacement hardware a few years later, and I was back on the job.

Indeed, Cluster II was a brilliant success, with over 10 years of successful scientific operations in space. Kudos for any part you played in that.

Don't pretty much all launches have insurance? The rate of failure is high enough that it seems necessary unless you are a gambler.

Monetary compensation isn't everything, if you've already put years of effort into a project and the failure means additional years of effort are required to prepare for a new launch. The wikipedia article notes that replacement spacecraft were not launched until four years later.

Commercial payloads, yes, government payloads tend to "self-insure" or not insure at all.

+1 for excellent reverse etymology.