Banks
Appears in 1 story · Last updated Oct 29, 2026
Lenders providing $1 billion in acquisition financing
Guidewire, the software backbone for more than 570 property and casualty insurers worldwide, agreed Monday to buy London-based hyperexponential for $1.7 billion in cash. It may pay up to $400 million more if revenue targets are met. hyperexponential's AI pricing software has powered underwriting decisions on more than $75 billion in annual commercial insurance premium.
Updated Oct 29
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