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Pibit AI raises $7m to develop AI-driven underwriting platform 

Stellaris Venture Partners led the round, with Y Combinator and Arali Ventures also participating. 

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King Risk Partners expands in New England with Acacia Insurance acquisition 

Acacia Insurance operates from Waltham, Massachusetts, US, and has provided services to clients throughout New England for more than 30 years.  

Generali, BFF Bank and BPCE advance in GamaLife acquisition bidding process

Apax Partners is reportedly aiming for a valuation close to €600m ($691.56m) for GamaLife, a European life insurance consolidator.

Liberate and HawkSoft team up on insurance-native voice AI automation 

The move will give insurance agencies new options to automate customer service, quoting and call routing.