[KongchangAI]
Company

Hyperexponential

A technology company in the field of insurance pricing and underwriting analytics. It provides pricing analytics software capabilities.

Timeline (last 90 days)

Oct 27

Guidewire announced the acquisition of Hyperexponential for $1.7 billion in cash.

Unverified50%
Oct 27

The acquisition is an all-cash transaction and is expected to close at some point next year.

Unverified50%
Oct 27

Hyperexponential has built up expertise in insurance pricing and underwriting analytics, and its capabilities complement Guidewire's platform.

Unverified50%
Oct 27

The $1.7 billion cash consideration is a notable scale in insurtech M&A, reflecting that the competition among large platform vendors for AI capabilities is accelerating.

Unverified50%

All Facts (4)

Source Articles