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Guidewire eyes AI agents as consumers of platform

Mike Rosenbaum, CEO of Guidewire, & Amrit Santhirasenan, CEO and co-founder of Hyperexponential

Guidewire is “starting to think about AI agents as sort of first-party consumers of this platform,” according to CEO Mike Rosenbaum.

Kicking off the technology provider’s Connections conference in Las Vegas on Tuesday (27 October), he set out how AI could reshape insurance operations and announced the acquisition of

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Amazon on how insurers can get out of pilot purgatory

Insurers looking to move beyond proof-of-concept pilots must focus on customer problems, matching AI tools to specific tasks and establish clear guardrails, according to Terry Buechner, global head of insurance core system modernisation at Amazon Web Services.

Guidewire pays £1.2bn for Hyperexponential

Guidewire is set to buy Hyperexponential for $1.7bn (£1.27bn), with $400m (£300.05m) more payable if recurring revenue targets are hit, as it looks to ‘define’ the use of artificial intelligence in underwriting.

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