Abstract: A cutting assembly that is useful in an operation for chipforming removal of material from a workpiece. The cutting assembly includes a holder having a seat and containing a coolant delivery passage. A locking pin, which has a longitudinal locking pin bore, is affixed to the seat so the longitudinal locking pin bore is in communication with the coolant delivery passage. A cutting insert has a rake surface, a corner cutting edge region, a central cutting insert aperture, and a radial coolant trough with an orientation toward the corner cutting edge region. At least a portion of the locking pin is within the central cutting insert aperture. A clamp assembly attaches to the holder and engages the cutting insert. The clamp assembly has a diverter plate, which has a bottom surface defining a diverter bowl and a diverter channel.