Create WebBrowsers inside the application and not outside the app, anyone know?

Hi,

How does one create webbrowsers dynamically inside the application im building .
I need them to open every time I click on new search.
I dont want a ie browser to open, i want a webbrowser to open inside my app and
be contained inside my app.

I thought it might be something like

var
   flag : OleVariant;
   WebBrowser : TWebBrowser;

begin
WebBrowser := TWebBrowser.Create(self)
WebBrowser.Parent := self;
flag := navOpenInNewWindow;
WebBrowser.Navigate('www.hotmail.com',flag);
end;

The above code opens up a browser outside of my application and not inside.
Anyone know?
Cheers

Ben