ROCHESTER, N.Y. – October 27, 2026 -- Eagleview's AI-powered Horizon platform completed portfolio-wide wildfire damage assessments in minutes that previously took weeks, the company said at its Property Claims Leadership Forum in Half Moon Bay, where it also released a white paper on AI-driven underwriting and claims.
Catastrophe frequency has more than doubled the long-term average
The U.S. averaged 23 weather and climate disasters per year over the past five years, each costing more than $1 billion in claims, according to NOAA. The long-term average is about nine. Global insured catastrophe losses reached $107 billion in 2025, per Swiss Re, and have risen 5-7% a year in real terms over the long run. Wildfires, storms and floods accounted for a record 92% of the 2025 total, and wildfire is the fastest-growing risk, with insured losses climbing an estimated 12% a year.
Most carriers remain stuck in AI pilots despite rising budgets
Roughly two-thirds of insurers plan to increase AI investment over the next 12 to 24 months, and nearly 60% expect the technology to reshape their business models within three years, according to an April 2026 AM Best survey. Only about one in ten property-and-casualty carriers has moved AI beyond pilots into production, per Capgemini's 2026 World Property and Casualty Insurance Report. Capgemini also found that the most advanced carriers report materially stronger revenue growth and share-price performance than peers.
Eagleview Horizon completed Los Angeles wildfire assessments far faster than manual teams
Eagleview's claims-assessment teams worked manually through carrier property lists in the days after this year's Los Angeles wildfires. Horizon, the company's geospatial property intelligence platform now in early access, completed comparable portfolio-wide damage assessments in a fraction of the time.
"Eagleview Horizon took a process that would previously have taken weeks and completed it in minutes," said Patrick Gill, SVP and General Manager of Insurance and Commercial Solutions.
White paper targets the period between bind and loss
The paper, From Pricing Risk to Managing It: Your 2026 Property Intelligence Briefing, was co-authored by Gill and Jenna Kinsman, VP and Head of Insurance Solutions. It argues that the information asymmetry between carriers and the properties on their books is closing fast enough that operating models built around that gap are showing their age. It focuses on three areas carriers can act on now:
- portfolio intelligence and policy-in-force review
- pre-loss identification and intervention
- faster, more accurate claims handling after catastrophic events
Attendees frame faster coverage timelines as a competitive necessity
Two questions ran through every session: how far and how fast the industry can move toward autonomous claims, and what AI means for the economics of coverage. Attendees said compressing timelines after catastrophes like the Los Angeles wildfires is no longer optional. They also said expert adjusters and underwriters should stay in the loop, with AI handling scale and speed.
CEO Piers Dormeyer said carriers are focused on automation, loss adjustment expenses (LAE), tailored policy offerings and speed to settlement.
Horizon is available to select customers through the Eagleview Horizon Charter Program. The forum will return for a second year, with dates to be announced.