Tech AI LatestGuidewire agrees to buy AI underwriting firm hyperexponential for $1.7B plus $400M earnout
Guidewire signed a deal on 27 October 2026 to buy London AI underwriting platform hyperexponential for $1.7B in cash plus up to $400M tied to revenue targets.
Summary
Guidewire, the NYSE-listed insurance software company, agreed on 27 October 2026 to acquire hyperexponential, a London-based agentic underwriting and pricing platform for commercial property and casualty insurers. It will pay a base price of $1.7 billion in cash plus up to $400 million in contingent consideration tied to recurring revenue targets. The deal is funded with a $1.0 billion term loan and cash, and is expected to close in Guidewire's fiscal second quarter of 2027.