Guidewire to acquire AI underwriting and pricing software maker hyperexponential for $1.7 billion in cash

Tue, Oct 27 19:00 UTC+8Updated Wed, Oct 28 06:26 UTC+8

Insurance software maker Guidewire said on Oct 27 it agreed to buy London-based hyperexponential (hx) for a base price of $1.7 billion in cash, plus up to $400 million tied to recurring-revenue targets. hx sells AI-native underwriting and pricing software to commercial P&C insurers. Closing is expected in Guidewire's fiscal Q2 2027, funded by a new $1.0 billion term loan and cash.

Why it matters

A large AI software deal in insurance underwriting: Guidewire says hx will let AI agents work with underwriters and actuaries to assess and price risk (company claim); hx says its platform powers over $75 billion in annual premium.

Sources3

GuidewireMediaTue, Oct 27 19:00 UTC+8Guidewire Signs Definitive Agreement to Acquire hyperexponentialView original · Tue, Oct 27 19:00 UTC+8
hyperexponentialMediaTue, Oct 27 19:00 UTC+8Guidewire Signs Definitive Agreement to Acquire hyperexponentialView original · Tue, Oct 27 19:00 UTC+8
TechCrunchMediaWed, Oct 28 06:26 UTC+8Guidewire buys Hyperexponential for $1.7B in cashView original · Wed, Oct 28 06:26 UTC+8

Written by dalao.ai: the title, summary and why it matters are our own words. The original reports are the record; their publishers keep authorship.