Vertu, Gateshead car supergroup, in Jaguar settlement

Vertu CEO Robert Forrester

Gateshead-based car supergroup Vertu Motors plc said on Thursday it has been notified by its insurers of a successful settlement of the group’s business interruption insurance claim relating to the cyber attack on Jaguar Land Rover Limited (JLR) in September 2025.

The cyber attack temporarily disrupted JLR vehicle supply, parts availability and connected systems used by JLR franchised retailers, including those operated by Vertu. 

“The business impact was resolved by early 2026,” said Vertu.

The total claim recovery has been agreed at £3.9 million, against which a £0.5 million policy deductible applies, resulting in a total net insurance recovery to the group of £3.4 million.  

“A £1.0 million interim payment was notified in the 5 March 2026 trading update. The full recovery will be recognised as underlying income in the Group’s results for the year ended 28 February 2026 …

Reflecting the additional £2.4 million insurance recovery, the board now expects FY26 adjusted profit before tax to be ahead of the current market consensus of £21.6 million (with a range of £21.0m to £22.0m) referenced in the Group’s trading update of 5 March 2026.”