I bet Mondelez opted for the cheapest insurance policy they could find and signed it without spending anywhere as much on lawyers to review the contract as they did on lawyers to draw up the contracts for their own customers ???????
I'm struggling to feel too much sympathy for them, truth be told. They were hardly a vulnerable customer.
Also, if their business nous is so bad that they bought a shit insurance policy, I'd be looking at my investments in them in a new light. Same way I would if a major UK business announced it had to write off a few million because their Nigerian Royalty project failed ....