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New York-based Insight Catastrophe Group, a catastrophe risk management and underwriting services firm, announced a partnership with Jim Stanard and Rod Fox through their newly formed organization, New Asset Class Management.

New Asset Class has made an equity investment in Insight, the firm said. Mr. Stanard will serve as nonexecutive chairman of Insight’s board of managers, and Mr. Fox will serve as nonexecutive vice chairman.

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