RELIANCE NEWS + PRESS Reliance Global Group Promotes Jonathan Fortman to Vice President of Acquisitions Posted on November 22, 2021 by Reliance Global Group LAKEWOOD, NJ, Nov. 22, 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 Jonathan Fortman has been promoted from Chief Operating Officer of Reliance Global Group’s subsidiary, Fortman Insurance Services, to Vice President of Acquisitions for Reliance Global Group, where he reports directly to Mr. Ezra Beyman, Chairman and CEO. Mr. Fortman joined Reliance Global Group in 2019 when the Company acquired Fortman Insurance Services, an independent insurance agency started by the Fortman family in 1978. Mr. Fortman joined Fortman Insurance Services in 2003 and over time, his responsibilities increased, eventually leading to his appointment as COO in 2019. Mr. Fortman earned a bachelor’s degree in Economics from Bowling Green State University in 2002. CONTINUE READING “RELIANCE GLOBAL GROUP PROMOTES JONATHAN FORTMAN TO VICE PRESIDENT OF ACQUISITIONS” Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in South Carolina Posted on November 18, 2021 by Reliance Global Group 5MinuteInsure.com is now live in 8 states across the U.S. with a combined population of over 65 million LAKEWOOD, N.J., Nov. 18, 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 it has successfully launched 5MinuteInsure.com in South Carolina. Ezra Beyman, CEO of Reliance Global Group, commented, “Following our launch in South Carolina, we are now live in 8 states, with a combined population of over 65 million people. As consumers start to experience the pain of inflation, we encourage them to visit 5MinuteInsure.com, which is a fast and easy way to save money on insurance!” CONTINUE READING “RELIANCE GLOBAL GROUP ANNOUNCES SUCCESSFUL LAUNCH OF 5MINUTEINSURE.COM IN SOUTH CAROLINA” Reliance Global Group Announces Launch of 5MinuteInsure.com in North Carolina Posted on November 17, 2021 by Reliance Global Group Third New State This Week; Coverage Now Spans 7 States in the US LAKEWOOD, N.J., Nov. 17, 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 it has successfully launched 5MinuteInsure.com in North Carolina. Ezra Beyman, CEO of Reliance Global Group, commented, “We are proud to extend our coverage to North Carolina following our very recent launches in Virginia and Tennessee. Our national coverage now spans 7 states and rollout is advancing very rapidly. We are launching an aggressive marketing push in each of these states to capitalize on our momentum.” 5MinuteInsure.com is a platform developed by Reliance Global that provides an easy and efficient way to shop and buy insurance. Using artificial intelligence and data mining, 5MinuteInsure.com provides consumers with competitive insurance quotes in under 2 minutes, with the ability to bind coverage within 5 minutes. Consumers can compare live quotes for auto insurance between multiple carriers as well as instantly purchase coverage on the same single platform. A video overview of the platform is available here. CONTINUE READING “RELIANCE GLOBAL GROUP ANNOUNCES LAUNCH OF 5MINUTEINSURE.COM IN NORTH CAROLINA” Reliance Global Group Launches 5MinuteInsure.com in Virginia Posted on November 16, 2021 by Reliance Global Group Coverage now spans 6 states with more states to follow LAKEWOOD, NJ, Nov. 16, 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 it has successfully launched 5MinuteInsure.com in Virginia. Ezra Beyman, CEO of Reliance Global Group, commented, “We are very pleased to extend our 5MinuteInsure.com offerings to the people of Virginia following yesterday’s launch in Tennessee. We’ve been moving very quickly with the national rollout, which will coincide with multiple strategic marketing tracks for short-term as well long-term client acquisition with a minimum acquisition cost per client. When consumers shop for insurance, the first thing they should think of is 5MinuteInsure.com.” 5MinuteInsure.com is a platform developed by Reliance Global that provides an easy and efficient way to shop and buy insurance. Using artificial intelligence and data mining, 5MinuteInsure.com provides consumers with competitive insurance quotes in under 2 minutes, with the ability to bind coverage within 5 minutes. Consumers can compare live quotes for auto insurance between multiple carriers as well as instantly purchase coverage on the same single platform. A video overview of the platform is available here. CONTINUE READING “RELIANCE GLOBAL GROUP LAUNCHES 5MINUTEINSURE.COM IN VIRGINIA” Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Tennessee Posted on November 15, 2021 by Reliance Global Group Follows successful launch in MI, AZ, IN & OH; accelerating rollout to additional states in the near term LAKEWOOD, NJ, Nov. 15, 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 it has successfully launched 5MinuteInsure.com in Tennessee. Ezra Beyman, CEO of Reliance Global Group, commented, “Our launch of 5MinuteInsure.com in Tennessee follows our recent successful launches in four other states. Having built a powerful foundation for the comparison and purchasing platform with smart technology, 5MinuteInsure.com is able to add more states with minimal setup time. Most importantly, given the policy savings we’ve already witnessed, we look forward to providing the people of Tennessee a better option for their insurance needs.” CONTINUE READING “RELIANCE GLOBAL GROUP ANNOUNCES SUCCESSFUL LAUNCH OF 5MINUTEINSURE.COM IN TENNESSEE” Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Indiana Posted on October 18, 2021 by Reliance Global Group Follows Successful Launch in Ohio; Accelerating Rollout to Additional States Near Term LAKEWOOD, N.J., Oct. 18, 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 it has successfully launched 5MinuteInsure.com in Indiana. Ezra Beyman, CEO of Reliance Global Group, commented, “Our launch of 5MinuteInsure.com in Indiana follows our successful launch in Ohio and is an exciting next step in our plans to roll out the platform nationwide. It’s our mission to offer our customers the best insurance rates in the market and we’re pleased to bring our offerings to Indiana. As a direct result of our marketing activities in Ohio we have witnessed an increase in daily quotes. As a result, given the scalable nature of our platform, we are accelerating our national rollout. Our continued expansion shows our commitment to executing on our business strategy to bring value to our shareholders and our customers.” 5MinuteInsure.com is a platform developed by Reliance Global that provides an easy and efficient way to shop and buy insurance. Using artificial intelligence and data mining, 5MinuteInsure.com provides consumers with competitive insurance quotes in under 2 minutes, with the ability to bind coverage within 5 minutes. Consumers can compare live quotes for auto insurance between multiple carriers as well as instantly purchase coverage on the same single platform. A video overview of the platform is available online. About Reliance Global Group, Inc. Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is combining advanced technologies, with the personalized experience of a traditional insurance agency model. Reliance Global Group’s growth strategy includes both an organic expansion, including through 5MinuteInsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies. Additional information about the Company is available at https://www.relianceglobalgroup.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. Contact: Crescendo Communications, LLCTel: +1 (212) 671-1020Email: RELI@crescendo-ir.com Reliance Global Group Announces Successful Launch of 5MinuteInsure.com Posted on September 13, 2021 by Reliance Global Group Customers reported savings of up to 60% on insurance policies LAKEWOOD, NJ, Sept. 13, 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 it has successfully launched 5MinuteInsure.com in Ohio, the first state in the Company’s planned nationwide rollout. 5MinuteInsure.com is a tool developed by Reliance Global that utilizes artificial intelligence and data mining to provide competitive insurance quotes in under 2 minutes, with the ability to bind coverage within 5 minutes, with minimal data input via a smartphone, tablet or computer. 5MinuteInsure.com combines the best of a traditional insurance agency, including the option for direct agent interaction, with the ability to bind a policy online. Through 5MinuteInsure.com, consumers can compare live quotes for auto insurance between multiple carriers, as well as instantly purchase coverage on the same single platform. This is a major differentiating factor from lead generator comparison sites that compare non-binding quotes and often sell personal information to third-party providers. CONTINUE READING “RELIANCE GLOBAL GROUP ANNOUNCES SUCCESSFUL LAUNCH OF 5MINUTEINSURE.COM” H.C. Wainwright 23rd Annual Global Investment Conference Posted on September 10, 2021 by Reliance Global Group LAKEWOOD, N.J., September 10, 2021 — 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’s presentation will be available on-demand to registered attendees via the conference platform beginning Monday, September 13, 2021 at 7:00 AM Eastern Time. The webcast can be accessed here and on the investor relations section of Reliance Global Group’s website at https://relianceglobalgroup.com/investor-relations/. Management will also be participating in one-on-one meetings with qualified members of the investor community throughout the conference. About Reliance Global Group, Inc. Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is an insurtech company combining advanced technologies, with the personalized experience of a traditional insurance agency model. Reliance Global Group’s growth strategy includes both an organic expansion, including through 5minuteinsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies. Additional information about the Company is available at https://www.relianceglobalgroup.com/. Contact: Crescendo Communications, LLC Tel: +1 (212) 671-1020 Email: RELI@crescendo-ir.com Reliance Global Group Reports 33.4% Increase in Revenue for the Second Quarter of 2021 Posted on August 17, 2021 by Reliance Global Group On track to commence commercial launch of 5MinuteInsure.com this summer; increases insurance carriers on the platform to 16 LAKEWOOD, N.J., Aug. 17, 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 second quarter ended June 30, 2021. Ezra Beyman, CEO of Reliance Global Group, commented, “I am pleased to report that our revenue for the second quarter of 2021 increased by approximately 33.4% to $2.2 million versus $1.6 million for the same period last year. Our solid year-over-year growth reflects the continued execution of our insurance agencies. These agencies continue to generate positive cash flow on a standalone basis and serve as further validation of our strategy to acquire regional agencies at attractive multiples in order to rapidly expand our national footprint as well as the scope of our offering. Each of these agencies provide a long term, highly predictable and profitable revenue stream based on the expected life of the insurance policies. We ended the quarter with over $6.8 million of cash and restricted cash, which provides us a solid balance sheet to execute on our growth objectives, both organic and through acquisitions.” CONTINUE READING “RELIANCE GLOBAL GROUP REPORTS 33.4% INCREASE IN REVENUE FOR THE SECOND QUARTER OF 2021” Reliance Global Group Adds Lemonade and Hippo to its 5MinuteInsure.com Platform Posted on July 26, 2021 by Reliance Global Group On track for commercial launch of 5MinuteInsure.com this summer LAKEWOOD, NJ, July 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 insurance products from Lemonade Inc. and Hippo Enterprises Inc. through the Company’s 5MinuteInsure.com platform. CONTINUE READING “RELIANCE GLOBAL GROUP ADDS LEMONADE AND HIPPO TO ITS 5MINUTEINSURE.COM PLATFORM” Posts navigation Older posts Home About Us Investor Relations News Contact Us © Reliance Global Group SUBSCRIBE FOR INVESTOR EMAIL ALERTS