AIReuters1h ago
Insurance software maker Guidewire agrees
Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash
TL;DRGuidewire buys AI underwriting startup Hyperexponential for $1.7 billion.
Why it matters: Major insurance software player betting heavily on AI to automate pricing and risk assessment.
Insurance software maker Guidewire (GWRE.N) said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million …
Read full articleSource: Reuters · Opens in new tab