Proficiencies
Sanger & Altgelt, LLC continues to grow by putting its resources, experience, and expertise to work across a wide range of risk management contexts. Not only are we a leader in the oil & gas sector, we also provide support to numerous developers and commercial real estate assets, and have a growing portfolio of flood insurance businesses. Both corporate and individual clients benefit from the flexibility, volume, and security that come with our deep relationships in the global insurance and underwriting markets.
Commercial Real Estate
San Antonio anchors the booming I-35 corridor, home to numerous Fortune 1000 headquarters and one of the fastest-growing regions in the U.S. The demand for office space, retail, factories, and arts/event facilities is accelerating in this San Antonio-Austin “mega metro.” Sanger & Altgelt serves a large client base in professional & amateur sports, theater, special events, and the arts, an experience that makes our team an invaluable resource for investors, developers, and owners. Our consultants are fluent in such risk variables as the size and value of the property; the unique characteristics of the project like its location and industry; the vulnerability of income streams; and the types of hazards projected, which may range from fire to liability to natural disasters. Having direct relationships with the nation’s largest property insurers means we can supply full property coverage for even the largest developments, along with ancillaries like liability, landlord insurance, bonds, and customized coverage extensions.
Energy
From drilling to refineries, construction to loss of production, to environmental liability, Sanger & Altgelt is a global leader in risk management and project support for the energy and oil field services sectors. We provide property coverage for nearly $2 billion in offshore assets in the Gulf of Mexico alone. Our clients include well service contractors, suppliers, vessel operators, pipeline operators, utilities, and petrochemical plants. Our experienced energy industry team can work with companies of any size to structure a comprehensive insurance and risk management solution that fits their unique needs.
Hunting
From Brush County to the Hill Country to the Trans-Pecos, Texas is legendary for sport hunting, offering nearly year-round hunting on over 1 million acres of public land, plus private lodges, and ranches. Hunting clubs, private landowners, and hunters alike can run into major liability issues when there is a hunting accident that results in injury, death, or property damage. Hunting insurance protects personal assets and prevents a hunting disaster from turning into a financial catastrophe for a landowner, hunting business, or individual hunter. Sanger & Altgelt offers general liability coverage and coverage for accidents involving members of a club or guests of a landowner, as well as checks to ensure incidents stemming from the use of ATVs, tree stands, watercraft, and other common hunting activities are also covered.
Residential Developments
With area home values at an all-time high and demand for multifamily residential options growing every year, financing and insurance support for residential development projects are a growing part of the Sanger & Altgelt portfolio. Our track record of obtaining appropriate property capacity for large developments in multiple states gives developers the confidence they need to proceed. Our consultants can work closely with developers on issues ranging from local planning and building codes to environmental liability, often times working with multiple contractors at once. We can craft a comprehensive package of property, liability, and builders risk insurance that protects the investment and ensures a developer’s peace of mind — before the first shovel hits the dirt.
Farm & Ranch
As one of the largest farm & ranch insurers in the state of Texas, we bring an experienced and thorough approach to protecting the land, buildings, machinery, crops, and other assets of these vital enterprises. Our specialists start with an assessment of each operation’s unique exposure profile, then build a customized suite of coverages to ensure each part of the investment and its income streams are secure. Whether you need a policy that includes coverage for machinery and tools, livestock protection, liability, or all of the above, we have the right solution for you.
Sports & Entertainment
Sanger & Altgelt serves a large client base in professional and amateur sports, theater, special events, rodeo, museums, and the arts. In addition to property coverage, we use our expertise in risk management and loss control to address the special exposures these operations and events often are confronted with. At Sanger & Altgelt, we can tailor services like inspections, contract review, program deficiency audits, cost-benefit analysis, safety engineering, and training, fire safety, and weather risk analysis to meet each client’s (or event’s) unique needs.
Coastal Properties
As the frequency and scope of flood events and the intensity of severe storms escalate, more and more coastal properties in states like Texas and Louisiana are at risk, and higher value homes located in these areas need more insurance coverage than ever. Sanger & Altgelt can provide private policy options as an alternative to National Flood Insurance Program coverage (NFIP), and we are expanding our position in this market as the need grows.
Aviation
Whether your needs are commercial or personal, our brokers can help you understand the many aviation-related solutions available in today’s marketplace. Private pilots, corporate fleets, crop dusters, and drone operators can all get complete coverage at competitive prices through our access to leading carriers, markets, and products. Property damage, commercial general liability, aviation products insurance, and non-owned aircraft liability are available. We cover turboprop, piston, jet, multi-engine, rotary-wing, single or dual pilot, owner-flown, UAS/UAV, and more.
Personal
Choosing a personal insurance provider is a complicated process. At Sanger & Altgelt we’ve found that for most clients the bottom line is trust. We’ve made a name for ourselves in the industry with an attentive, consultative approach and an emphasis on the highest standards of customer service. Our clients enjoy a comprehensive range of policy offerings that include home, auto, life, travel, and online coverage, along with loss control strategies that help keep their families safe and prevent accidents, theft, and fraud. Combined with competitive premiums and a responsive claims resolution process, our products and services can be molded into a personalized solution that delivers value, security, and trust.
Unique Risks
As a legacy business with deep roots in a region experiencing explosive growth, Sanger & Altgelt is uniquely positioned to serve the insurance and risk management needs of a rapidly changing population, culture, and economy. The diversity of emerging opportunities for families and businesses on the I-35 corridor runs from biotech to sustainable energy to craft breweries. We’ve also addressed the growing interest in bitcoin, CBD products, and crypto mining by providing a fresh, detail-oriented, and consultative approach to risk and asset protection. Whether your investment is a 120-year-old hotel or a biomedical startup, we can develop a specialized insurance program that meets your unique needs.
Wineries & Breweries
The Texas Hill Country wine region is the largest viticultural area in Texas and the second-largest in the U.S. Together with San Antonio’s growing craft brewery scene, this rich cultural tradition forms a thriving niche in the area’s economy and tourism industry. Many of these businesses are startups, some are family-owned, and some are over 100 years old, but all are confronting a risk environment made daunting by evolving regulations and increased litigation. Our risk specialists have the versatility and experience to help them with the unique combination of property, liability, income stream, safety, legal, and brand protection they need.
Historical Buildings
San Antonio, along with the rest of Texas, is a treasure trove of historical structures and landmarks, with hundreds of buildings on the National Register of Historic Places. We’ve developed the expertise required to analyze the complex web of valuation metrics, national and local codes and regulations, and unique loss replacement issues that impact underwriting for these special assets. While the potential exposures related to building codes, evolving green building standards, safety updates, and subjective appraisals can be difficult to assess, our historical buildings team can help you price the risks accurately and then build a unique coverage solution that secures both the investment and the heritage your building represents.
International Exposures
We have extensive experience in managing financial loss and meeting the insurance needs of businesses with investments and operations that reach beyond the borders of the U.S. We’ve helped companies navigate complex international and local regulations worldwide. From assessing your needs to reviewing tax advantages and liabilities, to insurance placement and policy review, we help companies in a variety of industries manage the high-risk realities that arise from international exposure.
Captive Insurance
An increasingly popular option for larger and middle-market companies is using a captive insurance company to reduce costs, ensure difficult or unique risks, and gain direct access to reinsurance markets. For example, many employers leverage the power of group captives to self-insure workers’ compensation risks. Sanger & Altgelt has built and managed several captives over the years, accommodating concentrated and highly diversified risks alike. In addition to writing policies for captives and assisting with the variables of state-specific regulatory, legal, and tax issues, the specialists at Sanger & Altgelt can help captives access the reinsurance market to lay off (transfer) risks such as product liability, general and professional liability, directors’ and officers’ liability, and property damage and third-party liability of corporate fleets. We can also help business owners explore the option of large-deductible policies, which is one strategy for reducing the costs of the risks associated with workers’ comp.
Tech Startups
The Central and Southern Texas regions have become national leaders in the life sciences and cybersecurity industries, which are fueling the emergence of new technology enterprises. Sanger & Altgelt understands that these rapidly-evolving business models and novel concepts must have highly adaptable insurance programs. Tech startups, whether in IT or biosciences, are putting cutting-edge products on the market, and that entails a much higher risk of liability and lawsuits than conventional businesses typically face. Intellectual property also requires specialized protection. Even executives and directors can be targets for litigation. At Sanger & Altgelt, we’re focused on well-designed insurance solutions for emerging technology companies—so the startup and its investors can focus on financing, innovation, and growth.
Museums
Museums represent a special insurance challenge because the collections themselves are generally the most valuable property to be insured, and any number of highly specialized variables are pertinent to the valuation process. Subjective appraisals of collections/artifacts, including those that may be on loan from third parties, mean a clear understanding of responsibility and value must be established. Museums may also have unusual considerations related to fire risk, facility climate control, and theft, as well as special liability issues related to both staff and visitors.