Reliance Global Group

Reliance Global Group, Inc. is a diversified company, which engages in the business of insurance market and other relates sectors. It focuses on acquisition strategy, wholesale, and retail insurance agencies. The company was founded on August 2, 2013 and is headquartered in Lakewood, NJ.

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Reliance Global Group doubles revenue with Spetner acquisition, eyes growth

Reliance Global Group's Q1 2024 performance showcased growth potential through the Spetner acquisition, despite short-term financial challenges. The company's strategic focus on market expansion, service enhancement, and shareholder value creation positions it for future success.

Reliance Global Group reports growth and innovation, eyes Spetner acquisition

Reliance Global Group's Q3 performance reflects positive revenue growth, improved cost management, and strategic initiatives positioning the company for future growth and profitability.
While challenges like net losses persist, opportunities from the Spetner acquisition, AI solutions, and market expansion offer avenues for sustained growth and financial success.
Navigating market challenges and leveraging strengths in innovation and financial performance will be crucial for RELI to capitalize on growth opportunities and enhance shareholder value.

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Third New State This Week; Coverage Now Spans 7 States in the US

Reliance Global Group Announces Launch of 5MinuteInsure.com in North Carolina

Coverage now spans 6 states with more states to follow

Reliance Global Group Launches 5MinuteInsure.com in Virginia

Follows successful launch in MI, AZ, IN & OH; accelerating rollout to additional states in the near term

Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Tennessee

Rapidly adding new states to nationwide rollout of 5MinuteInsure.com platform

Reliance Global Group Reports 54% Increase in Revenue for the Third Quarter of 2021

Coverage now spans four states with plans to add additional states near term

Reliance Global Group Launches 5MinuteInsure.com in Michigan and Arizona

LAKEWOOD, N.J., Oct. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that Ezra Beyman, Chairman and CEO of Reliance Global Group, will present at the Dawson James Securities Small Cap Growth Conference being held on October 21, 2021 at the Wyndham Grand Hotel in Jupiter, Florida.

Reliance Global Group to Present at Dawson James Securities 6th Annual Small Cap Growth Conference on October 21, 2021

Follows Successful Launch in Ohio; Accelerating Rollout to Additional States Near Term

Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Indiana

Customers reported savings of up to 60% on insurance policies

Reliance Global Group Announces Successful Launch of 5MinuteInsure.com

LAKEWOOD, NJ, Sept. 10, 2021 (GLOBE NEWSWIRE) -- via  NewMediaWire --  Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an insurtech company focused on combining advanced technologies with the personalized experience of a traditional insurance agency, today announced that Ezra Beyman, CEO of Reliance Global Group, will be presenting at the H.C. Wainwright 23rd Annual Global Investment Conference being held virtually between September 13-15, 2021.

Reliance Global Group to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

On track to commence commercial launch of 5MinuteInsure.com this summer;

Reliance Global Group Reports 33.4% Increase in Revenue for the Second Quarter of 2021

On track for commercial launch of 5MinuteInsure.com this summer

Reliance Global Group Adds Lemonade and Hippo to its 5MinuteInsure.com Platform

LAKEWOOD, N.J., June 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced plans for the commercial launch of its 5minuteinsure.com platform in Q3 2021 and reports that its new demo video is available on the Company's website.

Reliance Global Group Schedules Commercial Launch of 5minuteinsure.com for Q3 2021; Demo Video Now Available Online

LAKEWOOD, N.J., May 14, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc.  (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience of a traditional insurance agency, today provided a business update and reported financial results for the first quarter ended March 31, 2021.

Reliance Global Group Reports 15% Increase in Revenue for the First Quarter of 2021 and Provides Corporate Update

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Reliance Global Group Inc. ( RELI , Financial) continues to pave its way forward by leveraging new partnerships and improving its technology to deliver a seamless digital experience for policy buyers.

Reliance Global Group: Yet Another Promising Acquisition

The stock price of Reliance Global Group Inc (NASDAQ: RELI) increased by over 10% during intraday trading. This is why it happened.

Reliance Global Group (RELI) Stock: Over 10% Increase Explanation

LAKEWOOD, N.J., May 13, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an “insurtech” company focused on combining advanced technologies with the personalized experience of a traditional insurance agency, today announced it has acquired J.P. Kush and Associates, Inc., a premier healthcare insurance agency with operations in 10 states, headquartered in Troy, Michigan. J.P. Kush's founder, Joshua Kushnereit, will become part of the Reliance Global family as Chief Operating Officer of the new Kush Benefits Solutions, LLC, which is now a wholly owned subsidiary of Reliance Global Group, Inc.

Reliance Global Group Acquires Premier Health Insurance Agency J.P. Kush and Associates, Inc.

LAKEWOOD, NJ, March 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an insurtech company focused on combining advanced technologies with the personalized experience of a traditional insurance agency, today announced its subsidiary, Fortman Insurance Services LLC, has been approved to offer Travelers and Nationwide insurance products nationally through the Company's 5MinuteInsure.com platform. The Company plans to initially focus on home and auto insurance, with the goal to add additional coverages.

Reliance Global Group Adds Two Leading National Insurance Carriers to Its 5MinuteInsure.com Platform

Insurance tech player Reliance Global (NASDAQ:RELI) had a highly eventful 2020. The company successfully integrated a series of insurance agency acquisitions into the business and also made strategic investments in various technology platforms.

Reliance Global: Ending 2020 With a Bang

5MinuteInsure.com, through its Reliance Insurtech division, now licensed to sell home and auto insurance in 43 states

Reliance Global Group Reports 63% Increase in Revenue for 2020 and Provides Year-End Business Update

LAKEWOOD, NJ, March 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire  -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines advanced technologies with the personalized experience of a traditional insurance agency, announces that its affiliated Reliance Insurtech division has received licenses to sell home and auto insurance in 40 states, with plans to expand to additional types of insurance.  In order to utilize these licenses and achieve efficacy, its 5MinuteInsure.com platform is in the process of being configured to offer insurance in the respective states, while the Company is onboarding carriers in these states.

Reliance Global Group's 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division

Reliance Global Group Inc. (NASDAQ:RELI) shares were trading higher Wednesday after the company announced that it is expanding sales initiatives that target large enterprises and employee organizations.  Here are some speculative short- and long-term technical levels to watch for in the stock.

Reliance Global Trades Higher: Technical Levels to Watch

SWMIC subsidiary chosen as broker of choice for three additional unions

Reliance Global Group Expands Sales Initiatives Targeting Large Enterprises and Employee Organizations

LAKEWOOD, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United States, today announced the appointment of Moshe Fishman as Director of Insurance Operations.  In this role, he will help oversee the integration of insurance agencies, as well as the rollout of the Company's new 5MinuteInsure.com platform.

Reliance Global Group Announces Appointment of Industry Pioneer and Entrepreneur Moshe Fishman as Director of Insurance Operations

The insurance brokerage industry is one of the oldest and most fragmented industries that has had a very limited penetration of technology over the years. This is the reason why any move by a company in the direction of technological implementation, particularly at a B2C level, could be perceived as a major green flag in favor of its stock.

News for Reliance Global Group Stock (RELI)