Reliance Global Group, Inc.
RELI Alternate Brokers and Clients are Now Capable of Shortly Entry Real-Time Life Insurance Quotes, with Minimal Information Enter
RELI Alternate Grows to Over 150 Company Companions
LAKEWOOD, NJ, Feb. 01, 2023 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which mixes synthetic intelligence (AI) with the personalised expertise of a standard insurance coverage company, immediately introduced that it has added a real-time, life insurance coverage citation device to each its RELI Alternate and 5Minuteinsure.com platforms. The device shows life insurance coverage quotes from greater than 15 life insurance coverage firms, and builds upon the Firm’s profitable dwelling and auto insurance coverage choices.
Moshe Fishman, Director of Insurtech at Reliance Global Group remarked, “The addition of the life insurance quotation tool to both our 5MinuteInsure.com (B2C platform), and RELI Exchange (B2B platform), further enhances the value proposition of each of the platforms. The life insurance capabilities will provide our RELI Exchange agency partners with the technology necessary to immediately compare life insurance policies in less than a minute, adding an important new tool to their agent toolbox. Moreover, it provides consumers with full transparency of what is available to them and the price they should expect to pay. We are committed to our mission of helping clients gain the appropriate level of insurance in order to protect what is most important of them, while ensuring they are getting the best value for their money.”
Ezra Beyman, CEO of Reliance Global Group, commented, “We are pleased to announce the addition of the life insurance quotation tool to our InsurTech platforms. This is yet another example of how we are continually enhancing our agency partners’ experiences by adding more features, products and overall value to our InsurTech platforms. Quick and accurate quotes are of the utmost importance to our agency partners, making it easier for them to sell more policies and grow their businesses. Feedback on the RELI Exchange platform continues to be extremely positive, as our agency partners continue to realize the benefits and enhanced productivity provided by our offering. Agency Partners welcome our technology, which enables them to minimize much of the distracting back-office burden an insurance agency typically has, empowering them with more time to serve the needs of their clients and build their businesses. The RELI Exchange platform continues to grow, and now consists of more than 150 agency partners. We look forward to onboarding additional carriers and adding exciting new features to our InsurTech platforms, which we believe will further enhance its value to our agency partners. The rapid organic expansion of RELI Exchange is further illustration of the value we are delivering to our agency partners.”
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About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) an InsurTech pioneer, is working to remodel the standard insurance coverage company mannequin by combining synthetic intelligence (AI) with the personalised expertise of a standard insurance coverage company mannequin. Reliance Global Group’s progress technique contains the natural growth of 5MinuteInsure.com, it’s on-line business-to-consumer platform that makes use of synthetic intelligence and information mining, to offer aggressive insurance coverage quotes inside 5 minutes, and RELI Alternate, it’s B2B InsurTech platform and company accomplice community for insurance coverage brokers and companies, designed to present impartial brokers a complete suite of enterprise growth instruments and the power to successfully compete with nationwide companies. Extra details about the Firm is accessible at https://www.relianceglobalgroup.com/.
Ahead-Trying Statements
This press launch might include forward-looking statements throughout the which means of the “safe harbor” provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. Statements aside from statements of historic info included on this press launch might represent forward-looking statements and are not ensures of future efficiency, situation or outcomes and contain various dangers and uncertainties. These forward-looking statements contain identified and unknown dangers and uncertainties and are based mostly on the Firm’s present expectations and projections about future occasions that the Firm believes might have an effect on its monetary situation, outcomes of operations, enterprise technique and monetary wants. In some circumstances, forward-looking statements could be recognized by terminology equivalent to “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “projects,” “forecasts,” “proposes,” and related expressions. Precise outcomes might differ materially from these within the forward-looking statements because of various elements, together with these described sometimes in our filings with the SEC and elsewhere and threat as and uncertainties associated to: the Firm’s potential to offer brokers on the RELI Alternate community with a possible new income stream accretive to the profitability of their present companies, the power of the RELI Alternate to draw new company companions and supply them with the instruments to make their companies function extra effectively and grow to be extra worthwhile, the Firm’s potential to maneuver impartial brokers to the RELI Alternate platform, the Firm’s potential so as to add new services sooner or later, speed up the expansion of the platform and construct RELI Alternate into the most important company accomplice community within the nation, the Firm’s potential to generate the income as anticipated the Firm’s potential to keep up compliance with the NASDAQ itemizing necessities, and the opposite elements mentioned within the Firm’s Annual Report on Kind 10-Okay for the yr ended December 31, 2021 and its subsequent filings with the SEC, together with subsequent periodic experiences on Varieties 10-Q and 8-Okay. The knowledge on this launch is supplied solely as of the date of this launch, and the Firm undertakes no obligation to replace or revise publicly any forward-looking statements, whether or not because of new info, future occasions or in any other case, after the date on which the statements are made or to mirror the incidence of unanticipated occasions, besides as required by regulation.
Contact:
Crescendo Communications, LLC
Tel: +1 (212) 671-1020
E mail: RELI@crescendo-ir.com
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