CoVirt to be a Participating Sponsor of MGA Conference

Conference is presented with the support of the Canadian Association of Independent Life Broker Agencies (CAILBA), of which CoVirt is a member

TORONTO, May 13 – CoVirt Inc. (Canada), the Canadian leader in Internet-based life insurance administration services for Managing General Agents (MGAs) announced today that it will be a Participating Sponsor of the MGA conference entitled “Changing Channel: Managing General Agencies at the Crossroads” to be held June 9 & 10, 2005 at Niagara-on-the-Lake, Ontario.

The conference is organized by the Advisor Group and will feature new research findings conducted jointly with the NewLink Group on the precise challenges faced by MGAs. Five panels comprised primarily of representatives of multiple MGAs will focus the discussions and delegates will have the opportunity to engage in discussion and debate on the research findings. Topics will include downloading, consolidation, compensation, technology and the role of associations.

The conference is presented with the support of the Canadian Association of Independent Life Broker Agencies (CAILBA), of which CoVirt is also a member. Attendance is restricted to representatives of MGAs and sponsoring companies. Tim Fitzpatrick, President of CoVirt, will be attending.

Tim Fitzpatrick, President of CoVirt, said “We at CoVirt have considerable energies and a proven resolve to assist MGAs through CAILBA in achieving its mandate to provide technological leadership, input and impact on legislative and regulatory issues. Being a Participating Sponsor of this conference is but one small example.”

The Early Bird Rate until May 18, 2005 of $149 plus taxes provides accommodation for one night at Queen’s Landing or the Prince of Wales Hotel, Niagara-on-the-Lake on Thursday, June 9, 2005, and all conference meals and parking.

For Conference Agenda visit http://www.advisorlive.ca/cc_sponsors.htm

About CoVirt:

CoVirt designed and supplies VirtGate, a total integrated solution for advisor and policy management to a rapidly growing list of MGA�s. VirtGate provides superior advantages that turn the agency web site into a sales and service pipeline, allowing VirtGate MGA�s to focus on the fundamental core expertise that drives their success. VirtGate is much faster than typical internal LAN-based software and MGA�s can tie as many offices, trading partners and users together as they wish � all with no additional user fees. VirtGate includes integrated online document management where any type of document may be posted to the advisor record, policy record, or to the public library within seconds. VirtGate is fantastically cost-effective, yet worry free. All that is needed is a standard web browser and access to the Internet — nothing is installed on the user’s machine nor does the MGA have to maintain a server. VirtGate increases efficiency immediately and allows MGA�s organizations to better serve their advisors and customers. For more information, to www.CoVirt.com.