Announcement
Guidewire to buy insurance AI firm hyperexponential for up to $2.1 billion
Guidewire will pay $1.7 billion in cash, with up to $400 million more if revenue targets are met.
TLDR
London-based hyperexponential makes AI-powered underwriting and pricing software for commercial property and casualty insurers. Guidewire says the deal will let AI agents work alongside underwriters to assess risk, price it and make decisions. The acquisition is expected to close in the second quarter of Guidewire’s fiscal 2027.
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