MN 100: Gencorp Insurance Group

Posted by Nicole Ventimiglia
Friday, August 29, 2014

16 Main Street
East Greenwich, RI 02818
Telephone: 401 336 2182
CEO/President: Robert G. Padula
Number of Employees: 70

The Company:
Gencorp Insurance Group provides the insurance and surety needs of marine contractors, vessel operators and shipyards throughout the country and Caribbean. Gencorp’s Marine Group facilitates the coverage placement and claims settlement for all insureds, utilizing a team that has a maritime academy background or professional waterfront experience. Ask any group of owners to design and build a full service insurance brokerage with all of the services and resources that they demand – the end result would mirror the Gencorp organization; marine insurance, surety, claims management, employee benefits, and financial services, all under one roof.
The Case:
Gencorp is licensed in 47 States, Puerto Rico and USVI – this gives Gencorp a national presence, but as a privately held marine insurance brokerage, they remain, as always, responsive to the needs of their Insureds.

(As published in the August 2014 edition of Marine News -

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