The min. insertion mark on the seatpost has nothing to do with the minimum insertion point for the frame AFAIK. The mark on the post shows how much post needs to be inserted into the seattube to protect the post. The minimum insertion point for the frame is the minimum amount of post needed in the frame to protect the frame.
I can't quite remember the min. insertion point for my Inbred frame (I think that there's a specific value) but it's roughly a centimeter below the lowest point of the toptube/seattube weld. I suppect that it's something similar for the Cotic but best check with the company (if you're heavy like me you might want a bit extra for peace of mind). A related point is that (again as far as I know) if you shim a seatpost the shim itself needs to extend beneath the min. insertion point for the frame as post below the end of the shim won't be in contact with the seat tube.