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2026 Mar 29
Weekly News Roundup

Top Headlines from Mar 23–29, 2026

Curated by InsurTech NY • Sources: Coverager
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6 Stories
$422M Raised
3 Funding Rounds
Funding

TPG and Allianz Lead $350 Million Investment in Cambridge Mobile Telematics

Telematics company Cambridge Mobile Telematics announced a $350 million strategic investment led by TPG and Allianz X. The new investors will accelerate CMT’s expansion in three key areas: scaling its global road safety platform, advancing AI models for real-time driving risk assessment and crash detection, and growing adoption of the new Universal Driving Score.

Source: Coverager — Read More • Cambridge Mobile Telematics

Funding

Shepherd Raises $42 Million

Commercial insurance startup Shepherd has raised $42 million in Series B funding led by Intact Private Capital, the venture arm of Intact. Founded in 2021, the MGU initially launched to serve the construction sector and earlier this year it announced its second vertical—renewable energy.

Source: Coverager — Read More • Shepherd

Funding

Notch Raises $30 Million

Notch, an AI platform for regulated industries, announced a $30 million Series A funding round, bringing total funding raised to $45 million. Founded in 2021, Notch is now building “the AI operating system” for regulated industries with an initial focus on global insurers, large brokers, and financial institutions. The Series A funding will accelerate Notch’s expansion in the US.

Source: Coverager — Read More • Notch

Acquisition

iBynd Acquires Semsee to Create End-to-End Digital Infrastructure

iBynd, a digital infrastructure platform modernizing commercial insurance distribution, announced the acquisition of Semsee, a leading submission management and workflow technology provider, by an affiliate. The transaction accelerates the development of a unified digital infrastructure designed to support the commercial insurance placement lifecycle from submission through quoting, binding, and policy servicing.

Source: Coverager — Read More • iBynd • Semsee

Product

Aviva Launches Insurance App on ChatGPT

Aviva is launching a home insurance quoting app on ChatGPT, allowing customers to receive an initial quote for its Signature Home Insurance product within “minutes.” The app, developed as part of Aviva’s partnership with OpenAI, will be available through the ChatGPT app store and will guide users through a short set of questions before generating a quote. Customers can then complete the purchase on Aviva’s website.

Source: Coverager — Read More • Aviva

Product

Securian Financial Launches FlexTech

Securian Financial announced the launch of FlexTech with embedded insurance startup Walnut Insurance. FlexTech is designed to make it easier for affinity groups to embed protection products directly into their loan applications and other customer-facing digital experiences. FlexTech will also enable the sale of Securian’s payment protection product suite, a financial safety net for consumers that covers their monthly payments in the event of specific life events such as disability, involuntary unemployment, critical illness or death.

Source: Coverager — Read More • Securian Financial

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