Brown & Brown, Inc. Announces the Webcast of Its Annual Shareholders' Meeting.

Business Editors

DAYTONA BEACH and TAMPA, Fla.--(BUSINESS WIRE)--April 22, 2003

Brown & Brown, Inc. (NYSE:BRO) announced today that it will webcast its 2003 Annual Shareholders Meeting. Investors and all other interested parties are invited to listen to the live webcast, to be held on Thursday, April 24, 2003 at 9:00 a.m. ET. Chairman and Chief Executive Officer J. Hyatt Brown will host the meeting. The webcast, which will feature Mr. Brown's comments and a question-and-answer session with shareholders attending the meeting in Daytona Beach, Florida, can be accessed by logging onto Brown & Brown's web site at www.bbinsurance.com, then clicking "Investor Relations" and "Conference Calls". The webcast will be archived on the Company's web site for thirty days after the meeting.

Brown & Brown, Inc. and its subsidiaries provide a broad range of insurance and reinsurance products and services, as well as risk management, employee benefit administration, and managed health care services through offices located across the United States. The Company is ranked by Business Insurance magazine as the nation's sixth largest independent insurance intermediary organization. Our Web address is www.bbinsurance.com.

This press release and the webcast described herein may contain certain statements relating to future results which are forward-looking statements. These statements are not historical facts, but instead represent only the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, are contained in the Company's filings with the Securities and Exchange Commission. Some factors include: general economic conditions around the country; downward commercial property and casualty premium pressures; the competitive environment; the integration of the Company's operations with those of businesses or assets the Company has acquired or may acquire in the future and the failure to realize the expected benefits of such integration; and the potential occurrence of a disaster that affects certain areas of the States of Arizona, California, Florida and/or New York, where significant portions of the Company's business are concentrated. All forward-looking statements made during this webcast presentation are made only as of the date of this webcast, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.