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Tim's Story

From Humble Beginnings to Industry Leader: The Gaspar Insurance Services Story

In February 2008, Timothy Gaspar founded Gaspar Insurance Services, Inc. As of late 2021 Gaspar Insurance Services is one of the largest independent insurance firms in both Los Angeles City and the San Fernando Valley (as ranked by the LA and SFV business journals). The firm has multiple offices in California, Arizona and New Jersey.

Additionally, in 2018, 2019 and 2020 Gaspar Insurance was ranked by Inc. magazine as of the fastest growing companies in America. In late 2021 Timothy sold Gaspar Insurance to Foundation Risk Partners (FRP) for close to $30,000,000. Timothy still runs the Gaspar Insurance Services offices as CEO under the ownership of FRP.

Committed to his community, Timothy has been involved with non profits in an around the Los Angeles area of many years. Current organizations and positions include;

  • Discovery Cube Los Angeles, Board Member
  • Metropolitan YMCA of Los Angeles, Board Member
  • West Valley YMCA, Board Member
  • Boys & Girls Club of the West Valley, Former Board Member
  • California State University Northridge Nazarian School of Business, Board Member
  • Timothy Gaspar Entrepreneurship Scholarship at California State University Northridge, Founder
Tim Gaspar

Community Leader, Husband, Father, and Friend​

Tim Gaspar receives recognition from Councilmember Blumenfield for his participation in the Great Woodland Hills Cleanup - June 2021
Tim Gaspar with wife Christina
Tim Gaspar presents at VICA Hall of Fame Charity Event - June 10, 2022
Tim Gaspar receives recognition for his support of the VCF Summer Concerts Event by the community - July 2022

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