CAIP to donate 2% of 2001 CAIP premiums to encourage volunteerism

United Nations International Year of Volunteers

June 5, 2001
www.caipinsurance.com

CAIP (Comprehensive Associations Insurance Program) today announced that, in recognition
of the United Nations International Year of Volunteers, it will donate 2% of 2001 CAIP
premiums to help encourage volunteerism in Canada.

The United Nations General Assembly has declared 2001 as the “International Year of
Volunteers.” The year long celebration is dedicated to acknowledging the importance
of, and fostering the growth of, volunteerism around the world.

More $ for Charity and Non-Profit Association Activities

The Canadian Association Insurance Program (CAIP) has introduced a new web-based insurance
program (including instant, on-line quotations) to provide Canadian Charities and
Not-for-Profit Associations with a quality-packed, comprehensive insurance program that
can reduce annual insurance costs by more than 25%. Richard Battagello said “there
are over 175,000 Charities and Not-for-Profit Associations operating in Canada today. By
reducing their annual insurance costs by even 25%, they would retain an additional $65
million for program activities each year.”

Finding the time to volunteer

“The biggest barrier to people volunteering is a lack of time. We want to help
organizations find ways to attract and employ volunteers in ways that hopefully, will
complement the other activities in their lives. We want our contribution, in recognition
of the International Year of Volunteers, to have a direct impact on the effective use of
volunteers across the country” Battagello continued.

Lifeblood of communities

“My personal involvement as a volunteer made me realize that my own industry needed
to better address the distinctive insurance needs of the non-profit sector. Charities and
Not-for-Profit Associations are the life-blood of every community across Canada” said
Richard Battagello, CAIP’s Managing Partner, “and I believe it’s critical that they
remain vital and viable as we enter the 21st century.”

Contact:

Frank Biss
phone: 416 499-5205
fax: 416 497-0697
email: [email protected]