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@Hefty
I managed to squeeze new value from an insurer by demonstrating that it wasn't possible to replace like-for-like as a replacement didn't exist in the market, so my only choice was to buy new again. At 8 months old I think you'd stand a chance or arguing the same case.
Alternatively, find a used one for under £1320 and give the excess to a cycling charity. Or spend it on scag.