GWRE news

Guidewire agreed to acquire Hyperexponential for $1.7 billion, aiming to lead the AI agent-based underwriting space. This acquisition is expected to boost revenue and standardize AI decision-making in commercial lines.

Guidewire announced the appointment of veteran insurance executive Dr. Alexander Vollert to its Board of Directors on August 1, 2026. His experience in driving large-scale digital transformation and AI deployment is expected to support Guidewire's strategic integration of AI.

Guidewire reported strong third-quarter results with 27% revenue growth and 19% ARR growth, prompting management to raise fiscal year guidance for revenue, operating income, and cash flow. The company's cloud platform and AI adoption strategy is resonating with insurance customers modernizing their …