InsWeb Corporation operates an online insurance marketplace that enables consumers to comparison-shop online and obtain insurance company-sponsored quotes for various insurance products, including automobile, term life and homeowners. InsWebs marketplace electronically matches consumers and insurance companies. The Company has knowledge of the insurance industry, technological expertise and close relationships with a number of insurance companies to develop an integrated online marketplace. InsWebs marketplace enables consumers to research insurance-related topics; search for, analyze and compare insurance products; apply for and receive insurance company-sponsored quotes for actual coverage, and to purchase automobile insurance coverage through InsWebs insurance agency. As of December 31, 2002, the Company had relationships with 37 insurance companies.