Tuesday, 27 October, 2026
Insurtech Mega-Deal: Guidewire Bets $2.1B on AI-Powered Underwriting
By TechShots Studio
Insurance software giant Guidewire agreed to acquire London-based AI firm hyperexponential for $1.7 billion in cash, plus up to $400 million contingent on revenue targets. The deal embeds AI-native pricing and underwriting tools directly into Guidewire's platform, enabling commercial property and casualty insurers to automate risk assessment and decision-making alongside human underwriters.
Read full story at REUTERS