The Genatt V service philosophy is to act as a strategic partner to your insurance/risk management team, offering competitive programs, rapid responses, superior servicing and excellent market intelligence.
BUSINESS INSURANCE
We offer comprehensive coverage options at competitive rates to help mitigate your risk. Agencies partnered with Foundation Risk Partners also have a large and unique portfolio of specialty lines.
GENATT SPECIALTY INSURANCE
GSI is a wholesaler with focused expertise in Real Estate and Hospitality that works with every major domestic carrier.
PERSONAL INSURANCE
We provide a full array of personal lines insurance coverage that is competitive and customized.
EMPLOYEE BENEFITS
Genatt V Insurance Solutions delivers cost-saving strategies through innovative plan designs, attentive execution and robust support services to ensure the best benefits program for your organization.
PROTECT
Your priority is our priority and Genatt V has the solutions to ensure you and your business have the protection you need.
EXPERIENCE
The Genatt V team is among the best in the business, with decades of experience. You can count on us to provide you with the best service.
SOLUTIONS
Our client's interests are behind each and every decision. We’ll present you with the best insurance options based on your needs. Genatt V brings the marketplace to you.
GIVING BACK
Nephrotic Syndrome FSGS and Juvenile Diabetes have both directly impacted our families. We strongly support NephCure Kidney Int. & Diabetes Research Institute
BUSINESS
RETENTION RATE
LICENSED
May 2023
COMPANY HISTORY
Founded in 1959 by Les Genatt, Genatt has been a family business for more than 60 years. Under the leadership of Michael and Richard Genatt, Les’ two sons who worked alongside their father for over 30 years, the company has maintained its fortitude as one of the industry's best and most respected insurance brokerages.
With nearly 50 dedicated employees, every team member of Genatt V directly along with all of Foundation Risk Partners is accountable for following best practices and is held to the highest standards.
Our goals remains the same after 60 years:
- To provide custom solutions that enable our clients to effectively assess their risk
- To manage and advocate for losses
- To decrease insurance costs.
Les Genatt, Founder
Genatt Insurance
Given the shifting landscape of the brokerage industry over the last few years, Genatt recognized that specific tactical improvements and alignments would serve to enhance overall capabilities. As such, on January 1, 2021, Genatt joined forces with Foundation Risk Partners (FRP), headquartered in Daytona Florida. FRP is a coalition of boutique-type insurance industry leaders focused on delivering outstanding brokerage and risk-management services. The FRP alignment has brought us tremendous advantages, as well as unfettered access to enterprise-wide relationships and resources. This enables the Genatt team to maintain the provision of the best client-focused service solutions we can.
Our gauge of client satisfaction is our 98% retention rate, as well as the ongoing referrals we receive from our clients and industry partners. From the very beginning to today, we take pride in being responsible for hundreds of real estate accounts, including both commercial and residential portfolios. Genatt writes more than $100 million in premiums alone in the New York insurance market.
In addition to Genatt V's excellent relationships with the carrier markets, Genatt has spent decades cultivating meaningful connections with crucial wholesalers and industry specialists, positioning Genatt to handle all lines of business for its accounts, including Property, General Liability, Management Liability, Auto, Workers’ Compensation, Environmental, Construction and more. To this end, all external industry affiliates are included as internal stakeholders and collaborators, bringing their unique knowledge, insight and experience to the servicing of an account.
COMPETITIVE ADVANTAGE
Over the past six decades, Genatt has grown to become one of the leading regional brokerage firms in New York. Genatt’s competitive advantage has always been driven by two essential engines: First, the relationships, reputation and resiliency it has established over the course of its 60 years’ of experience. Second, its flat and nimble operating culture. By eliminating traditional profit center inhibitors and banishing internal politics and bureaucracy, Genatt has created an environment in which our talented professionals collaboratively work as a team, strategically aligned toward providing best-in-class service. This collaborative model allows us to bring our best people, resources and solutions to our clients. It is from this intimate nature of our organization that stems our boutique-type relationship with all of our stakeholders and partners.