Brown & Brown Notes Asset Purchase of Insurance Marketing Group

June 1, 2004

Linda Downs, regional executive vice president of Florida-based Brown & Brown Inc., and Sally Lewis-Butler, president, and Harold Kelley, executive vice president, of Insurance Marketing Group LLC, of Marietta, Georgia, announced the asset acquisition of Insurance Marketing Group LLC, by Brown & Brown Inc.

Insurance Marketing Group (IMG), with reported annualized revenues of approximately $1.5 million, is a retail commercial property and casualty agency with a specialized niche of providing insurance products and services for condominium and homeowner associations, primarily in the greater Atlanta metropolitan market area.

Butler, as profit center manager, Kelley and their staff will continue operating from their existing location as a new Brown & Brown stand-alone operation.

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