Guidewire buys Hyperexponential for $1.7B in cash | TechCrunch. Insurance tech company Guidewire announced Tuesday the acquisition of the agentic underwriting insurance company Hyperexponential for $1.7 billion in cash. The deal, expected to close sometime next year, is to help bring AI agents to work alongside humans to underwrite, analyze, and price decisions. The deal is worth around $2 billion in total, with $400 million in additional capital reserved if certain revenue targets are hit. Backed by Andreessen Horowitz and Battery Ventures, Hyperexponential was founded in 2017 and has raised nearly $90 million to date, according to PitchBook. So this marks a significant return for investors. The U.K.-based AI startup says nearly 600 insurers across 40 different countries use its software.

Insurance Times Awards 2026: Hyperexponential on where the next phase of insurance AI will be won. By Insurance Times 21 October 2026 Tom Chamberlain, chief customer officer at Hyperexponential, explains why his firm should win the Underwriting and Distribution Technology Partner award Underwriting is where profitability is won or lost, yet many carriers still decide on spreadsheets with no audit trail. Hyperexponential is the agentic platform for end-to-end underwriting work in commercial P&C. Actuaries build and deploy governed pricing and appetite logic in Hyperexponential's calculation engines. Built on that foundation, hyperoperator by Hyperexponential can work a submission from broker email to quote within the carrier's guardrails, calling the carrier's models and rules and bringing underwriters in where judgement is needed. We entered because this category recognises technology that improves underwriting decisions. What do you think makes your entry stand out and why should you win the award? Hyperexponential is trusted by leading global carriers for underwriting decisions across more than $75bn (£56bn) in annual commercial P&C premium, up from $45bn (£34bn) a year ago. That scale reflects years in production in some of the world's most demanding underwriting environments. For example, with Allianz Commercial, Hyperexponential helped deliver 13 pricing tools in 13 weeks. Hyperexponential sits alongside the policy admin systems carriers already rely on. Our underwriting edge research, with 350 senior underwriters across the UK and US, gives the market its own data on where artificial intelligence (AI) is and isn't working. What would winning this award mean to you and your firm? Hyperexponential started in London, so recognition from the UK market's own underwriters and leaders matters to us. It would also back a view we hold strongly - the next phase of AI in insurance will be won on decision quality. Our underwriting edge research found that 51% of underwriters name time saved on admin as AI's biggest contribution so far, while 21% name better decision quality. Closing that gap is the work we care about most. This award would recognise the carriers doing it with us.

hyperexponential partners with Novacore to unify pricing, rating, and underwriting workflows across its 20-program specialty portfolio. Partnership brings novacore's full specialty book onto one platform, feeding real-time portfolio signals directly into underwriting decisions. LONDON and CONSHOHOCKEN, PA, Aug. 27, 2026 (GLOBE NEWSWIRE) - hyperexponential (hx), the agentic platform for underwriting work, today announced a partnership with Novacore, the independent specialty insurance managing general agent (MGA). The deployment will bring Novacore's admitted, non-admitted, and reinsurance programs onto a single hx platform, giving its teams unified pricing operations and portfolio visibility across the business. Novacore will move all 20 of its specialty programs onto hx, spanning specialty transportation, real estate, alternative risk, social services, and reinsurance. Most programs are expected to be live within the next year, with the rest to follow as the partnership grows. Rather than managing disconnected systems program by program, Novacore's teams can now compare performance across the book, catch issues earlier, and move faster on the rate changes that matter most, without the IT bottlenecks that have historically slowed them. "Bringing our admitted, non-admitted, and reinsurance programs onto a single platform is an important step in enabling Novacore's ability to continue to scale in a profitable manner," said Darren Govender, Chief Product Officer of Novacore. "Our actuarial team can efficiently build, deploy and govern pricing and underwriting models across all our programs in one place whilst also having close to real time insight of key performance indicators across the portfolio." "Novacore was built to be a forward-thinking, agent-friendly specialty MGA," said Aaron Miller, CEO of Novacore. "That means scaling smart, pricing sharper, and being the partner that sets the pace rather than waiting on it. hyperexponential gives us one foundation across admitted, non-admitted, and reinsurance, so we can spot trends early, respond deliberately, and stay ahead of the market for our agents and carriers." "We're proud to partner with Novacore," said Richard Gunn, President at hyperexponential. "The old model treated pricing, rating, and portfolio visibility as three separate problems. Novacore shares our vision for one agentic platform: where portfolio signals reach underwriters at the moment they're pricing, not in a report they check later." Novacore expects to bring its remaining specialty programs onto hx over the course of the rollout, extending unified pricing and portfolio visibility across its full book. About hyperexponential hyperexponential (hx) is the agentic platform for commercial P&C insurance underwriting. The platform amplifies underwriting judgment across submission triage, risk assessment, pricing, and portfolio steering, helping carriers write more business at a better loss ratio. hx is trusted by leading global insurers for underwriting decisions across more than $75 billion in annual commercial P&C premium. Customers include Aviva, Allianz, Sompo, Beazley, Markel, HDI, Cincinnati, Convex, and Bowhead. Learn more at hyperexponential.com. About Novacore Novacore is an independent, next-generation specialty insurance provider with a bold mission: transforming insurance - for agents, carrier partners, clients and the future. Building on the 35-year track record of NSM Insurance Group, Novacore delivers industry-specific insurance programs through specialized underwriting, advanced technology and trusted carrier partnerships. The company partners with more than 20,000 agents nationwide and offers 20+ specialty programs across a diverse set of markets. For more information, visit novacore.com. [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Alabama Business Reporter do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.