Mr. Theodore Ted Betoni Jr.

Ted Betoni302 Fellowship Rd., Suite 130Mt. Laurel, NJ 08054(856) 722-5200(856) 722-6475 fax

DAYTONA BEACH, Fla., and TAMPA, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Jim W. Henderson, President and Chief Operating Officer of Brown & Brown, Inc. (NYSE: BRO), and Theodore A. "Ted" Betoni, Jr., President of Acumen Re Management Corporation, of Mount Laurel, New Jersey, today announced the asset acquisition of Acumen Re Management Corporation by Brown & Brown, Inc.
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Ted Betoni will continue to serve as President of Acumen Re and Profit Center Manager, reporting directly to Mr. Henderson.
...
Mr. Henderson noted that, "Ted, Bob and Jennifer are a very highly regarded team in the specialized reinsurance arena.
...
Mr. Betoni said of the transaction, "We share a vision very similar to that of Brown & Brown.

DAYTONA BEACH, Fla., and TAMPA, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Jim W. Henderson, President and Chief Operating Officer of Brown & Brown, Inc. (NYSE: BRO - News), and Theodore A. "Ted" Betoni, Jr., President of Acumen Re Management Corporation, of Mount Laurel, New Jersey, today announced the asset acquisition of Acumen Re Management Corporation by Brown & Brown, Inc.
...
Ted Betoni will continue to serve as President of Acumen Re and Profit Center Manager, reporting directly to Mr. Henderson.
...
Mr. Henderson noted that, "Ted, Bob and Jennifer are a very highly regarded team in the specialized reinsurance arena.
...
Mr. Betoni said of the transaction, "We share a vision very similar to that of Brown & Brown.The combination of our organizations offers increased capacity and service for our clients, as well as increased growth opportunities for both our employees and our customers."

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 http://www.bbinsurance.com/.

DAYTONA BEACH, Fla., and TAMPA, Fla., Feb 28, 2003 /PRNewswire-FirstCall via COMTEX/ -- Jim W. Henderson, President and Chief Operating Officer of Brown & Brown, Inc. (NYSE: BRO), and Theodore A. "Ted" Betoni, Jr., President of Acumen Re Management Corporation, of Mount Laurel, New Jersey, today announced the asset acquisition of Acumen Re Management Corporation by Brown & Brown, Inc.
...
Ted Betoni will continue to serve as President of Acumen Re and Profit Center Manager, reporting directly to Mr. Henderson.
...
Mr. Henderson noted that, "Ted, Bob and Jennifer are a very highly regarded team in the specialized reinsurance arena.
...
Mr. Betoni said of the transaction, "We share a vision very similar to that of Brown & Brown.

DAYTONA BEACH, Fla., and TAMPA, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Jim W. Henderson, President and Chief Operating Officer of Brown & Brown, Inc. (NYSE: BRO), and Theodore A. "Ted" Betoni, Jr., President of Acumen Re Management Corporation, of Mount Laurel, New Jersey, today announced the asset acquisition of Acumen Re Management Corporation by Brown & Brown, Inc.
...
Ted Betoni will continue to serve as President of Acumen Re and Profit Center Manager, reporting directly to Mr. Henderson.
...
Mr. Henderson noted that, "Ted, Bob and Jennifer are a very highly regarded team in the specialized reinsurance arena.
...
Mr. Betoni said of the transaction, "We share a vision very similar to that of Brown & Brown.The combination of our organizations offers increased capacity and service for our clients, as well as increased growth opportunities for both our employees and our customers."

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.

DAYTONA BEACH, Fla., and TAMPA, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Jim W. Henderson, President and Chief Operating Officer of Brown & Brown, Inc. (NYSE: BRO - News), and Theodore A. "Ted" Betoni, Jr., President of Acumen Re Management Corporation, of Mount Laurel, New Jersey, today announced the asset acquisition of Acumen Re Management Corporation by Brown & Brown, Inc.

DAYTONA BEACH, Fla., and TAMPA, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Jim W. Henderson, President and Chief Operating Officer of Brown & Brown, Inc. (NYSE: BRO), and Theodore A. "Ted" Betoni, Jr., President of Acumen Re Management Corporation, of Mount Laurel, New Jersey, today announced the asset acquisition of Acumen Re Management Corporation by Brown & Brown, Inc.
...
Ted Betoni will continue to serve as President of Acumen Re and Profit Center Manager, reporting directly to Mr. Henderson.
...
Mr. Henderson noted that, "Ted, Bob and Jennifer are a very highly regarded team in the specialized reinsurance arena.
...
Mr. Betoni said of the transaction, "We share a vision very similar to that of Brown & Brown.The combination of our organizations offers increased capacity and service for our clients, as well as increased growth opportunities for both our employees and our customers."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 http://www.bbinsurance.com/.This press release 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.