Genatt V
Genatt V Insurance Solutions is a boutique insurance brokerage and risk management consulting firm founded in 1959, serving commercial, real estate, hospitality, and personal lines clients across multiple states as a DBA of Foundation Risk Partners.
- Company typePrivate
- Founded1959
- HeadquartersNew Hyde Park, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Genatt V does
Genatt V Insurance Solutions is a boutique insurance brokerage and risk management consulting firm founded in 1959 by Les Genatt and now operating as a DBA of Foundation Risk Partners following a January 1, 2021 alignment. The firm provides business insurance (commercial property, general liability, commercial auto and trucking, workers' compensation, umbrella/excess, cyber liability, management liability, and specialty lines including environmental and professional liability), personal lines (homeowner, auto, umbrella, valuable articles, watercraft, and flood), and employee benefits programs (medical, dental, vision, life, disability, retirement, voluntary benefits, and wellness). A wholesale sub-brand, GSI (Genatt Specialty Insurance), operates as a wholesaler focused on real estate and hospitality placements with appointments across nearly every major domestic carrier, while a structured Risk Management Services line provides incident investigation, certificate tracking, claim reviews, site inspections, and contract review.
The company generates revenue through insurance brokerage commissions earned on placements placed with carrier markets, supplemented by consulting and risk management fees. Pricing is quote-based, set annually and tailored to client risk profiles, with no public disclosure of rates. The go-to-market combines direct enterprise field-sales targeting commercial real estate portfolios and hospitality businesses, independent agent partnerships (particularly within the FRP agency network), and GSI wholesale distribution to other agents. The customer base is concentrated in real estate and hospitality verticals alongside a personal lines book, with hundreds of accounts managed and a 98% client retention rate. Genatt writes more than $200 million in premiums annually in the New York market and is licensed across multiple states, supported by nearly 50 employees at its New Hyde Park, NY headquarters.
Genatt V firmographics
Firmographics- Name
- Genatt V
- Legal name
- Genatt V LLC
- Website
- https://genatt.com
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Genatt V Insurance Solutions is a boutique insurance brokerage and risk management consulting firm founded in 1959, serving commercial, real estate, hospitality, and personal lines clients across multiple states as a DBA of Foundation Risk Partners.
- Ownership category
- akta.pro rank
Genatt V industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
Keywords
Where Genatt V is headquartered
LocationHeadquarters
- HQ city
- New Hyde Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Genatt V business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Insurance Brokerage Commissions: Traditional insurance brokerage earning commissions from placing insurance coverage with carrier markets. Revenue generated from policy placements across property, casualty, and employee benefits lines.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom insurance programs tailored to client risk profiles |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Genatt V product offering
Product offeringCore offering
Genatt V Insurance Solutions is an insurance brokerage that places commercial, personal, and employee benefits coverage with carrier markets on behalf of clients, and provides risk management consulting services. The firm also operates a wholesale specialty division (GSI) focused on real estate and hospitality risks. Revenue is generated through brokerage commissions on policy placements and service fees for risk management work.
Product overview
Genatt V Insurance Solutions is an insurance brokerage firm operating as part of Foundation Risk Partners, offering a comprehensive suite of insurance products and risk management services. The company provides business insurance (commercial property, liability, auto, workers' comp, cyber liability, specialty lines), personal insurance (homeowner, auto, umbrella, collections), and employee benefits programs. The GSI (Genatt Specialty Insurance) sub-brand offers wholesale brokerage services focused on real estate and hospitality with access to major domestic carriers. Additional services include risk management consulting covering incident investigations, claim reviews, site inspections, and contract review.
Differentiator
Problem solved
Functional benefit
Brands
- GSI (Genatt Specialty Insurance): A wholesale insurance brokerage with focused expertise in Real Estate and Hospitality that works with every major domestic carrier.
Products and services
- Business Insurance Comprehensive business insurance coverage for commercial enterprises including commercial property, general liability, commercial auto and trucking, umbrella/excess products, builders risk, environmental liability, directors & officers, professional liability, medical malpractice, employment practices liability, crime & fiduciary liability, cyber liability, workers' compensation, disability, kidnap & ransom, liquor liability, special event, ERISA & surety bonds, flood, excess flood, and wind coverage.
- Personal Insurance Personal lines coverage including homeowner, condominium/cooperative, tenants/renters, automobile, classic & collector vehicle, personal umbrella, valuable articles, private collections/antiques, watercraft, domestic workers compensation & disability, flood, and excess flood coverage.
- Employee Benefits Employee benefit programs including medical, consumer-driven health care (HSA, FSA, HRA), prescription drug, dental, vision, life/AD&D, group long-term care, short and long-term disability, international benefits, qualified retirement plans, deferred compensation, executive benefits, voluntary benefits, behavioral health, employee assistance plans, wellness and lifestyle management, and retiree health care.
- Lloyd's Property Lines Slip Specialized property insurance program offering global manuscript forms with broad wording and enhancements, unique flood and wind deductible/excess wording, including all risks, excess of specific causes of loss/perils, DIC's and buy backs, with options for leads, loss limits, quota shares, and occurrence limits.
- GSI - Genatt Specialty Insurance Wholesale insurance brokerage with over 60 years of experience providing superior service and solutions in real estate and hospitality sectors, with access to nearly every major domestic carrier including AFM, Chubb, CNA Insurance, Greater New York Mutual, The Hartford, and Travelers Insurance.
- Risk Management Services Comprehensive risk management consulting including incident investigation processes, certificate of insurance collection and tracking, town hall meetings, claim reviews, site inspections, and contract review to identify loss control strategies and appropriate insurance risk transfer provisions.
Quantifiable outcome
- 98% client retention rate
- +3 more outcomes
Companies that use Genatt V
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Genatt V technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Genatt V partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Foundation Risk Partners (FRP)coreOn January 1, 2021, Genatt joined forces with Foundation Risk Partners headquartered in Daytona, Florida. FRP is a coalition of boutique-type insurance industry leaders focused on delivering outstanding brokerage and risk-management services. The alignment brought enterprise-wide relationships and resources while enabling Genatt to maintain client-focused service solutions. Genatt V operates as a DBA of Foundation Risk Partners, Corp.
- NephCure Kidney Int.minorCharitable organization supported by Genatt V due to direct family impact of Nephrotic Syndrome. Company and families support this cause financially and through awareness.
- Diabetes Research InstituteminorCharitable research organization supported by Genatt V due to direct family impact of Juvenile Diabetes. Company and families support this cause financially and through awareness.
- AFM (American Family Mutual)coreAppointed carrier partner providing insurance capacity for GSI wholesale operations targeting real estate and hospitality clients.
- ChubbcoreAppointed A-rated AM Best carrier partner providing insurance capacity through GSI wholesale division.
- CNA InsurancecoreMajor domestic carrier appointed to provide insurance capacity for GSI wholesale operations.
- Greater New York MutualcoreRegional carrier partner providing insurance capacity particularly relevant to New York market operations.
- The HartfordcoreAppointed major carrier partner providing commercial and specialty insurance capacity through GSI wholesale division.
- Travelers InsurancecoreAppointed major carrier partner providing insurance capacity for GSI wholesale specialty lines.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
Genatt V competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Genatt V social profiles
Digital presenceGenatt V financial estimates
Financial estimateRevenue estimate
Valuation estimate
Genatt V leadership team
Management profileNumber of profiles
Profiles1 record
Genatt V subsidiaries and ownership
Company hierarchySubsidiaries1 record
Genatt V funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Genatt V M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Genatt V
What does Genatt V do?
Genatt V Insurance Solutions is an insurance brokerage that places commercial, personal, and employee benefits coverage with carrier markets on behalf of clients, and provides risk management consulting services. The firm also operates a wholesale specialty division (GSI) focused on real estate and hospitality risks. Revenue is generated through brokerage commissions on policy placements and service fees for risk management work.
Is Genatt V a public or private company?
Genatt V is a private company. It is classified as corporate owned and is currently operating.
When was Genatt V founded?
Genatt V was founded in 1959. It employs 11 to 50 people.
Where is Genatt V based?
Genatt V is headquartered in New Hyde Park, United States, in the North America region.
How does Genatt V make money?
One revenue line is on record: insurance Brokerage Commissions.
Does Genatt V have an API?
No public API is recorded for Genatt V.
What industry is Genatt V in?
Genatt V's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services. Its NAICS code is 524210 and its SIC code is 6411.