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InsurTech News nov 9
Weekly News Roundup

Top Headlines from Nov 3–9, 2025

Curated by InsurTech NY • Sources: Coverager, Insurance Innovation Reporter, BusinessWire

Partnership

Climate X Integrates Fathom’s Flood Data

Climate X has integrated Fathom’s Global Flood Model into its climate analytics platform. The integration combines flood, wind, fire, and earth perils with adaptation intelligence to deliver a unified view of physical climate risk for financial and real estate sectors.

Source: Coverager — Read More


IPO

Exzeo Group Raises $168 Million via IPO

Exzeo Group has raised $168 million through an initial public offering, selling 8 million shares at $21 each, valuing the company at approximately $1.9 billion. Founded in 2012, Exzeo builds software and analytics tools for property and casualty insurers, with a focus on homeowners insurance.

Source: Coverager — Read More


Product

Terra Launches Policy Administration System for Workers’ Compensation

Terra has introduced Terra Policy, a cloud-native policy administration system designed for the Workers’ Compensation market. The platform manages quoting, underwriting, billing, and renewals in one unified system.

Source: Coverager — Read More


Funding

Avallon Raises $4.6 Million

Avallon, a company building AI agents to automate repetitive insurance claims tasks, secured $4.6 million in seed funding led by Frontline Ventures. Avallon structures claims data for TPAs and carriers, integrating with major CMS platforms, IVR systems, and data warehouses.

Source: BusinessWire — Read More


Funding

Fintary Raises $10 Million

Fintary, a platform helping insurance companies streamline commission and financial operations, raised $10 million in a Series A round led by Infinity Ventures. The platform supports direct bill reconciliation, advanced commission structures, and insights across P&C, life, annuity, and health insurance lines.

Source: Coverager — Read More


Partnership

Cytora Integrates Fenris Predictive Intelligence into Commercial Risk Platform

Cytora has partnered with Fenris to embed predictive risk intelligence into Cytora’s digital risk processing platform. The integration enables commercial insurers to accelerate triage and enhance underwriting decisions with real-time data enrichment.

Source: Insurance Innovation Reporter — Read More

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