Cutting tools and tool holders for pipe cutting frames

A cutting tool, comprising:

• a tool holder;
• and
• a cutting insert removably securable in the tool holder, the cutting insert comprising:
• first and second side surfaces;
• first and second locating surfaces configured to locate the cutting insert in the tool holder between corresponding first and second clamping surfaces of the tool holder, wherein the first locating surface protrudes from the cutting insert with angled locating surfaces extending from the first locating surface to the first and second side surfaces, and the second locating surface comprising an indentation, wherein the angled locating surfaces form a first angle between 101 degrees and 121 degrees, and the second locating surface comprises angled surfaces forming a second angle between 132 degrees and 152 degrees;
• front end and rear end surfaces;
• a rake surface, the rake surface and the front end surface forming a cutting edge;
• and
• an insert stop surface at a rear of the rake surface, extending from the rake surface to the first locating surface and the angled locating surfaces.