Owais Shaikh and Andrew Burrows-Trotman are not licensed to conduct insurance business in Ontario
Toronto, ON (Apr. 29, 2019) – The Financial Services Commission of Ontario (FSCO) is warning consumers that the two individuals named below are not licensed to conduct insurance business in Ontario.
Owais Shaikh, also known as Salman Khan, appears to be soliciting auto insurance through Desjardins Insurance. Shaikh is not licensed with FSCO. Shaikh is also not affiliated or associated with Desjardins Insurance, which is licensed by FSCO.
Owais Shaikh appears to be using the telephone number (416) 919-7864 and the email address email@example.com.
Consumers should exercise caution if they are contacted by Owais Shaikh or anyone else from these coordinates. Consumers are also advised not to obtain insurance products, including auto insurance, arranged through him.
Andrew Burrows-Trotman appears to be soliciting auto insurance through the Desjardins Insurance group of companies, including The Personal Insurance. Burrows-Trotman is not licensed with FSCO. Burrows-Trotman is also not affiliated or associated with Desjardins Insurance, which is licensed by FSCO.
Andrew Burrows-Trotman appears to be using the telephone number (647) 963-2263.
Consumers should exercise caution if they are contacted by Andrew Burrows-Trotman or anyone else from this number. Consumers are also advised not to obtain insurance products, including auto insurance, arranged through him.
Information for consumers
Consumers who purchase items or insurance from individuals or entities that are not licensed as agents or insurers in Ontario are not protected under the Insurance Act and the regulations that govern Ontario’s licensed insurance companies and agents.
Consumers should note that a licensed insurance agent or broker in Ontario can provide information and advice on the benefits and risks involved with purchasing different insurance products. FSCO’s website contains tips on avoiding auto insurance sales scams.
Consumers can find a list of all insurance companies and agents licensed to do business in Ontario on FSCO’s website. The Registered Insurance Brokers of Ontario (RIBO)’s website contains a list of all brokers licensed to do business in Ontario.
For more information, see What to Do If You Think You are a Victim of a Scam or Fraud.
About the Financial Services Commission of Ontario
FSCO was established under the Financial Services Commission of Ontario Act, 1997 (FSCO Act) with a legislative mandate set out in the FSCO Act. FSCO’s legislative mandate is to provide regulatory services that protect the public interest and enhance public confidence in the sectors it regulates.
FSCO regulates the insurance sector; pension plans; loan and trust companies; credit unions and caisses populaires; the mortgage brokering sector; co-operative corporations in Ontario; and service providers who invoice auto insurers for statutory accident benefits claims. FSCO is accountable to the Minister of Finance.
Source: Financial Services Commission of OntarioTags: Financial Services Commission of Ontario (FSCO), fraud