New Agency, Timothy Gaspar Insurance Services, Formed

Timothy Gaspar, a property and casualty insurance agent in the greater Los Angeles area, announced the formation of Timothy Gaspar Insurance Services. Gaspar’s new venture will be located within the confines of Financial Management Services (FMS), a 34-year-old financial planning firm that caters to business owners and entrepreneurs.

Gaspar has written a variety of property, identity theft and kidnap/ransom policies. He said his singular goal with the new firm is to maintain 100 percent client satisfaction, and that he will go to great lengths to provide privacy and protection for high-profile clients.

“My job is to match my clients with the best possible carrier, at the best possible price, with the best possible policy, period,” Gaspar said. “Lacking the right insurance protection or the right policy limits can mean financial catastrophe for a family in the event of an accident and I take that very seriously.”

Gaspar’s property and casualty expertise was honed at Wheatman Insurance Services, where he was the Top Agent and President’s Award winner for five consecutive years. Other specialties include life, health, umbrella, commercial, professional, worker’s compensation, kidnap and ransom, collectibles and identity theft insurance. The new firm will represent Mercury, Travellers, Hartford, AIG, Progressive and Allied Insurance, among others.

By partnering with FMS, Gaspar will work with his step brother Chad Charton, vice president of marketing development, and stepfather Edward Charton, a benefits and estate planning specialist. Together the group will offer individuals, entrepreneurs and executives a full range of insurance coverage and long-term financial planning services, Gaspar indicated.