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

LAKEWOOD, NJ, March 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWireReliance 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.

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118 Hits

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

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

LAKEWOOD, N.J., March 24, 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 year-ended December 31, 2020.

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128 Hits

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

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.

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96 Hits

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

LAKEWOOD, N.J., March 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), a company engaged in the acquisition and management of insurance agencies in the United States, announces it is expanding its sales initiatives targeting large enterprises and employee organizations. As a result, Reliance Global Group's wholly owned subsidiary, Southwestern Montana Insurance Center, LLC (SWMIC), was recently named broker of choice for an additional three unions.

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147 Hits

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

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.

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  190 Hits
190 Hits

Reliance Global Group Announces Beta Launch of 5MinuteInsure.com

Online platform to compare quotes, direct leads to a local agent and bind policies within minutes

LAKEWOOD, N.J., Feb. 18, 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 beta launch of its 5MinuteInsure.com platform as the next step in expanding the Company's operations with the goal of establishing a national footprint. A video teaser of the new platform is also available at: https://youtu.be/yfWOvboPvjE.

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325 Hits

Reliance Global Group Announces Closing of $12.42 Million Underwritten Offering Including Full Exercise of the Underwriters Over-Allotment Option

LAKEWOOD, NJ, Feb. 11, 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 closing of an underwritten public offering of 2,070,000 shares of common stock and accompanying Series A warrants at a public offering price of $6.00 per share and accompanying Series A warrant, which included the full exercise of the underwriter's over-allotment option, for gross proceeds to the Company of approximately $12.42 million, before deducting underwriting discounts and other offering expenses.

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242 Hits

Reliance Global Group, Inc. Announces Nasdaq Listing and Pricing of $10.8 Million Public Offering

LAKEWOOD, NJ, Feb. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (NASDAQ: RELI) ("Reliance" or "Company"), a company engaged in the acquisition and management of insurance agencies in the United States, today announced the pricing of an underwritten public offering of 1,800,000 shares of common stock and accompanying Series A warrants at a public offering price of $6.00 per share and accompanying Series A warrant for aggregate gross proceeds of $10,800,000 prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 270,000 shares and accompanying Series A warrants at the public offering price less the underwriting discounts and commissions. The offering is expected to close on February 11, 2021, subject to satisfaction of customary closing conditions. 

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205 Hits

Reliance Global Group Acquires Premier Regional Transportation Insurance Agency

 Marks seventh successful agency acquisition in under 2 years

LAKEWOOD, NJ, Sept. 23, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has acquired the assets of UIS Agency, LLC (UIS), a premier regional insurance agency serving the commercial transportation industry.

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  685 Hits
685 Hits

Reliance Global Group Announces LOI to Acquire National Insurance Agency With Over 145 Affiliated Offices Across 40 States

LAKEWOOD, N.J., Sept. 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced a fully executed letter of intent (LOI) to acquire a national insurance agency. The acquisition is expected to close before the December 31, 2020 fiscal year end subject to certain closing conditions, with due diligence well underway.

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  775 Hits
775 Hits

Reliance Global Group Provides Business Update and Files Financial Statements for the Second Quarter of 2020

LAKEWOOD, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today provided a business update for the second quarter of 2020. The complete financials for the second quarter of 2020 have been filed with OTC Markets and are available at OTCMarkets.com.

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  665 Hits
665 Hits

Reliance Global Group Appoints Renowned Insurance Industry Executive Sheldon Brickman to Board of Directors

LAKEWOOD, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced the appointment of senior insurance industry executive, Sheldon Brickman, as an independent member of the Company's Board of Directors. Mr. Brickman replaces David Lazar who has resigned due to personal commitments. As a result, the Board of Directors consists of 5 members, including 3 independent directors.

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  662 Hits
662 Hits

Reliance Global Group Projects Approximate 70% Increase in Sales for the Second Quarter of 2020 Versus the Same Period Last Year

LAKEWOOD, NJ, July 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that it anticipates revenue will increase approximately 70% for the second quarter of 2020 versus the same period last year. RELI expects to report its full results for the second quarter of 2020 and file its Form 10-Q with the Securities and Exchange Commission on or before August 15, 2020.

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  700 Hits
700 Hits

Reliance Global Group Announces Filing of Form 10; Now a Fully Reporting Company with the Securities & Exchange Commission

LAKEWOOD, N.J., June 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has filed its Form 10 with the Securities & Exchange Commission.

Ezra Beyman, CEO of Reliance Global Group, stated, "The filing of our Form 10 is an important milestone for the Company. First, as a fully reporting company, we have the opportunity to attract a broader universe of institutional and other investors. Second, this is an important step towards our ultimate goal of listing on a national exchange. Third, as we are in active discussions regarding a number of potential real estate and insurance acquisitions, the fact we are now fully reporting provides greater transparency and reinforces our commitment to the highest levels of corporate governance. I would like to thank our staff, auditors, legal advisors and other team members for all their hard work to make this possible. We have now put in place a highly scalable financial and operational infrastructure that should support our anticipated growth for years to come."

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710 Hits

Reliance Global Group Reports Five-Fold Increase in Revenue to $2 Million for the First Quarter of 2020

LAKEWOOD, N.J., June 12, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported financial results, that were reviewed by Mazars, for the first quarter of 2020. The complete financials of Q1 have been filed with OTC Markets and are available at OTCMarkets.com. 

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  758 Hits
758 Hits

Reliance Global Group Inc. Announces its Strategic Partner Nsure.com Has Been Licensed to Operate and Sell Insurance in California

LAKEWOOD, NJ, June 04, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("Reliance" or the "Company") today announced that its strategic partner Nsure.com, America's first licensed digital insurance agency®, has received a license to operate and sell insurance in the State of California. As a result, Nsure.com is now licensed in the States of Florida, Texas and California, with plans to further expand nationwide. Nsure.com is a licensed online insurance agency that utilizes state of the art digital technology to empower insurance consumers to compare rates across more than 40 top-rated insurance carriers and bind policies within minutes. 

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  807 Hits
807 Hits

Reliance Global Group Provides Business Update and Conference Call Reminder

Call to be held at 4:30 PM Eastern Time on Wednesday, June 3, 2020

LAKEWOOD, N.J., June 03, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today provided an update for shareholders and reminder that it will host a conference call at 4:30 PM Eastern Time on Wednesday, June 3, 2020 (dial-in information below). The call will include a more detailed update on the Company's progress, including its real estate and insurance strategies, which will be followed by a question and answer session.

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  761 Hits
761 Hits

Reliance Global Group Inc. Schedules Business Update Conference Call

LAKEWOOD, NJ, May 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- -- Reliance Global Group, Inc. (OTCQB: RELI) ("Reliance" or the "Company"), today announced that it will host a conference call at 4:30 PM Eastern Time on Wednesday, June 3, 2020 to provide a business update on the Company's progress, including its real estate and insurance strategies. The conference call will be led by Ezra Beyman, Chairman and Chief Executive Officer, and Alex Blumenfrucht, Chief Financial Officer of Reliance Global Group Inc.

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  1072 Hits
1072 Hits

Reliance Global Group Appoints David Lazar to Board of Directors

LAKEWOOD, NJ, May 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ‒ Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company") today announced the appointment of David Lazar as an independent member of the Company's Board of Directors. As a result, the Board of Directors has increased to 5 members, including 3 independent directors, thereby meeting the independence requirements for a national exchange.

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  865 Hits
865 Hits

Reliance Global Group Completes 2019 Audit; Pro Forma Consolidated Revenue Increases More Than Four-Fold

LAKEWOOD, NJ, May 07, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the 2019 audit, including its wholly owned subsidiaries. The audit results are available on the OTC's website. In addition, the Company is well underway preparing and plans to file its Form 10 with the Securities and Exchange Commission, to become a fully reporting company.

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  921 Hits
921 Hits