October 2, 2000


Frank A. Corsini, CEO


c/o Coblentz, Patch, Duffy, and Bass, LLP

222 Kearny Street

San Francisco, CA 94108


Re: Internet Company Insurance for DotYP


Dear Frank:

Thank you for communicating with me the scope and depth of DotYP. From an

insurance perspective, I understand that you are building an international technology platform and need to protect the associated risk. As you know from experience, our forte is custom building complete insurance programs for Internet Companies.

DotYPís exposures will be covered with the associated products as described in the attached Pyramid of Protection. Due to the size and scope of the operation, I would recommend specific carriers such as AIG, Chubb and Lloyds of London. All have expertise in your space and can provide international coverage.

Special consideration should be given to structuring your Internet E&O to make sure that we have covered all of the Intellectual Property Rights exposures.

Frank, should you need to share our qualifications with your associates in providing DotYP with appropriate coverage, please feel free to use the following:





Frank, if I can provide anything further which will help you understand what coverage you need or what Costello and Sons Insurance Brokers can offer you, please donít hesitate to give me a call.




Bryan Costello, CEO

Costello and Sons Insurance Brokers







Bryan Costello

Bryan Costello, CEO

Costello & Sons Insurance Brokers, Inc.