Entrepreneur News Network

Guidewire Buys Hyperexponential for $1.7B in AI Bet

Guidewire

October 28, 2026 | Reading time: 7 minutes – The insurance technology industry is entering a new phase of consolidation as established software providers compete to integrate artificial intelligence into core insurance operations. Guidewire Software’s proposed acquisition of UK-based insurtech company Hyperexponential is a major example of that shift. Guidewire has agreed to acquire Hyperexponential … Read more

Novella secures $21 million to grow AI-powered insurance brokerage

Novella

New York-based Novella, an AI-driven wholesale insurance brokerage focused on large and complex physical assets, has raised a total of $21 million to date, including a recently completed $16 million Series A funding round. The latest funding round was led by Brewer Lane Ventures, with participation from investors including Box Group, Crystal Venture Partners, SV … Read more