Daily Market Updates: Guidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential

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Guidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential

Reported · Written up by our desk · Health Insurance

Guidewire has entered into a definitive agreement to acquire hyperexponential (hx) for a base purchase price of $1.7 billion in cash, subject to adjustments. The deal also includes up to an additional $400 million in contingent consideration based on the achievement of specified recurring revenue targets, Guidewire explained. London-based hx provides an agentic platform for […] The post Guidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential appeared first on ReinsuranceNe.ws .

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Reinsurance NewsGuidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential

Insurance

Guidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential

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