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The Insurer

Exclusive: Groenheide leaving NormanMax to launch specialty platform Lightspeed Insurance & Risk Group

NormanMax co-founder Mark Groenheide is leaving the parametric-focused (re)insurer to launch cat-focused (re)insurance and advisory platform Lightspeed Insurance & Risk Group (LIRG), targeting underserved and catastrophe-exposed segments of the U.S. market.