The Financial Services Regulatory Authority of Ontario issued a notice of proposal initiating enforcement action against Leszek Dziadecki and Advantage Group of Finance Inc., proposing to refuse to renew Dziadecki’s insurance agent licence and to revoke Advantage Group’s corporate agent licence under Ontario’s Insurance Act. The proposal alleges Dziadecki is not suitable to be licensed because of past conduct, including disregard for rules intended to protect investors and consumers, lack of trustworthiness, and an unwillingness to cooperate with the regulator. Advantage Group is also alleged to be unsuitable on the basis that it would not transact insurance agency business with honesty and trustworthiness given Dziadecki is its sole owner and director. Dziadecki and Advantage Group have requested a hearing before the Financial Services Tribunal in respect of the proposal.
Financial Services Regulatory Authority of Ontario 2025-12-16
Financial Services Regulatory Authority of Ontario proposes to refuse renewal of Leszek Dziadecki’s insurance agent licence and revoke Advantage Group of Finance Inc.’s corporate agent licence
The Financial Services Regulatory Authority of Ontario is taking enforcement action against Leszek Dziadecki and Advantage Group of Finance Inc., proposing to refuse renewal of Dziadecki’s insurance agent licence and revoke Advantage Group’s corporate agent licence under Ontario’s Insurance Act. The proposal cites Dziadecki’s past conduct, lack of trustworthiness, and non-cooperation with the regulator, alleging Advantage Group’s unsuitability due to Dziadecki’s ownership and directorship. Both parties have requested a hearing before the Financial Services Tribunal.