Sanger & Altgelt Announces New President and CEO, Growth Strategies

Revealed: Jun. 14, 2022 at 10:00 AM CDT|Current: 10 hours ago

Less than Dynamic New Management, San Antonio’s Sanger & Altgelt Upgrades Technologies, Expands Provider Strains and Seems Ahead to Escalating Results

SAN ANTONIO, June 14, 2022 /PRNewswire/ — San Antonio-centered Sanger & Altgelt LLC Insurance plan Company, a regionally and generationally owned relatives business serving primarily San Antonio and encompassing communities, announced the advertising of Mac Altgelt to the place of main government officer and Heather Haynes to serve as president. Longtime staff of the agency, Altgelt and Haynes both equally earlier served as vice presidents and assumed their new places of work at the commence of this 12 months.

“I am honored and energized to believe the situation of CEO at this sort of an interesting time in our firm’s extensive, honorable history,” stated Altgelt, who has been with the business for 16 a long time. “We are expanding our reach into new locations, though also remaining absolutely grounded in the ideas that forged our results – loved ones possession that spans generations a community concentration solid, long lasting relationships and exceptional client services.”

“It is gratifying to be elevated to president of a agency that I have place so substantially into for the previous 24 a long time,” claimed Haynes. “Our most important approach is to be danger administrators for our purchasers, serving to them uncover insurance, but also supporting them handle belongings and mitigate their pitfalls. Beyond that, Sanger & Altgelt is really in a course of its very own. With so quite a few businesses staying acquired by large firms, staying regional is unusual and very helpful to our clientele and the community. Despite the fact that we do enterprise all about the entire world, we remain strongly anchored in San Antonio and give an unmatched level of individualized, personal service.”

As CEO, Altgelt focuses on reinforcing existing client associations and cultivating new ones, acquiring and employing imaginative growth tactics, and improving the company’s over-all economic general performance by amplified revenue, expense management, and process performance. As president, Haynes manages commercial and personalized hazards for purchasers and oversees the agency, guiding its path, coverage, mission and eyesight. The two explained they are more readily available and associated at the floor degree with shoppers than officers in comparable positions in other companies.

“Buyer services is range one particular,” claimed Altgelt. “Shoppers may possibly leave us for a greater rate, but normally they will arrive back again due to the fact the other agency can’t match the amount of company that they have become accustomed to with us.”

Acquired by Jefferson Financial institution in 2011, Sanger & Altgelt gives a wide assortment of insurance and danger management options for its buyers. Its individual traces choices include things like home owners and umbrella, automotive, specific and everyday living, decline control, cyber protection, travel chance, and farm and ranch coverages. On the commercial facet, Sanger & Altgelt covers house and casualty, danger management, bonds, cyber security, personnel gains, surety, and skilled legal responsibility exposures. Its proficiencies encompass commercial real estate, household serious estate developments, coastal qualities, electrical power, farm and ranch, aviation, looking, and sports activities and enjoyment arenas, as nicely as special threats, this sort of as wineries and breweries, historic buildings, museums, a wide range of global exposures, captive insurance policy and tech get started-ups.

In the first and next quarters of the 12 months, Sanger & Altgelt has included new shoppers at a remarkable rate, infiltrating new and assorted markets which include bitcoin, CBD items, crypto mining and other industries. The organization has taken care of threat administration for quite a few tech get started-ups and other challenging-to-location emerging industries. For the reason that of its geographic locale, it covers quite a few oil and gas, solar and other vitality companies.

On the lookout forward, Altgelt and Haynes enumerated a very long checklist of ideas and ambitions for Sanger & Altgelt, numerous of which have previously started to be implemented, together with major investments in engineering, computer software and workers schooling. It also has signed contracts with new insurance policy carriers, diversifying the kinds of coverages it can provide. With these rewards, Sanger & Altgelt can provide new and existing purchasers quotations from a assorted portfolio of carriers, enhance pricing overall flexibility, and supply a entire vary of solutions to each customer.

Underneath new management, the earlier beneath-the-radar boutique agency has its sights set on increasing its center market place and personalized line of business enterprise, composing coverages for more tiny businesses in a burgeoning put up-pandemic market place and employing technological innovation to even more develop solutions. It will go on to provide coverage for distinctive, challenging-to-put threats, as very well as analysis of complicated pitfalls. Moreover, it will continue on to give farm and ranch coverages, which is a substantial part of its portfolio. Sanger & Altgelt is a person of the major farm and ranch businesses in Texas.

Not only does Sanger & Altgelt insure several nearby nonprofit businesses, it contributes to community businesses and its 16 employees give volunteer companies, as perfectly.

“We are extremely happy of our hometown, San Antonio, and we want to be a portion of and help all the progress the town is enduring,” mentioned Haynes. “We are not merely a business enterprise serving this neighborhood we are aspect of it. We are elevating our families in this article. We are San Antonio-centric and here to stay.”

About Sanger & Altgelt Insurance policies Agency
Sanger & Altgelt LLC Coverage Agency is a regionally and generationally owned Texas fiscal providers enterprise supplying a broad assortment of chance management companies, coverage and bonds to firms and folks. A subsidiary of Jefferson Bank, Sanger & Altgelt has been serving principally San Antonio and encompassing spots for 122 many years. Its heritage is distinguished by high-quality provider and powerful, ethical carry out — values that go on to serve as the basis for its good results. Emphasizing the benefit of lifetime relationships, the business delivers methods that exceed consumer anticipations and surpass the marketplace regular. For far more information and facts, pay a visit to http://sangerandaltgelt.com.

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