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