Guidewire Signs Agreement to Acquire UK Insurance AI Firm hyperexponential for $1.7 Billion

Guidewire, an insurance software maker, has signed a definitive agreement to acquire hyperexponential (hx), a London-based UK insurance AI firm, for $1.7 billion in cash, plus up to $400 million contingent on revenue targets, subject to adjustments. Announced October 27, 2026, the deal is expected to close next year. hx sells commercial P&C pricing and underwriting software.