RELI Change Brokers and Prospects are Now Capable of Shortly Entry Real-Time Life Insurance Quotes, with Minimal Knowledge Enter

RELI Change 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 customized expertise of a conventional insurance coverage company, right now introduced that it has added a real-time, life insurance coverage citation device to each its RELI Change and 5Minuteinsure.com platforms. The device shows life insurance coverage quotes from greater than 15 life insurance coverage corporations, 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.”

About Reliance Global Group, Inc.

Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) an InsurTech pioneer, is working to rework the standard insurance coverage company mannequin by combining synthetic intelligence (AI) with the customized expertise of a conventional insurance coverage company mannequin. Reliance Global Group’s progress technique consists of the natural enlargement of 5MinuteInsure.com, it’s on-line business-to-consumer platform that makes use of synthetic intelligence and knowledge mining, to supply aggressive insurance coverage quotes inside 5 minutes, and RELI Change, it’s B2B InsurTech platform and company associate community for insurance coverage brokers and businesses, designed to present unbiased brokers a whole suite of enterprise growth instruments and the flexibility to successfully compete with nationwide businesses. Extra details about the Firm is obtainable at https://www.relianceglobalgroup.com/.

Ahead-Trying Statements

This press launch could comprise forward-looking statements throughout the which means of the “safe harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. Statements aside from statements of historic info included on this press launch could represent forward-looking statements and usually are not ensures of future efficiency, situation or outcomes and contain numerous dangers and uncertainties. These forward-looking statements contain recognized and unknown dangers and uncertainties and are based mostly on the Firm’s present expectations and projections about future occasions that the Firm believes could have an effect on its monetary situation, outcomes of operations, enterprise technique and monetary wants. In some instances, forward-looking statements could be recognized by terminology equivalent to “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “projects,” “forecasts,” “proposes,” and comparable expressions. Precise outcomes could differ materially from these within the forward-looking statements on account of numerous components, together with these described every now and then in our filings with the SEC and elsewhere and danger as and uncertainties associated to: the Firm’s potential to supply brokers on the RELI Change community with a possible new income stream accretive to the profitability of their current companies, the flexibility of the RELI Change to draw new company companions and supply them with the instruments to make their companies function extra effectively and change into extra worthwhile, the Firm’s potential to maneuver unbiased brokers to the RELI Change platform, the Firm’s potential so as to add new services sooner or later, speed up the expansion of the platform and construct RELI Change into the biggest company associate community within the nation, the Firm’s potential to generate the income as anticipated the Firm’s potential to take care of compliance with the NASDAQ itemizing necessities, and the opposite components mentioned within the Firm’s Annual Report on Type 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 data on this launch is offered 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 on account of new info, future occasions or in any other case, after the date on which the statements are made or to replicate the incidence of unanticipated occasions, besides as required by legislation.

Contact:

Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Electronic mail: RELI@crescendo-ir.com


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The Obsessed Guy
Hi, I'm The Obsessed Guy and I am passionate about artificial intelligence. I have spent years studying and working in the field, and I am fascinated by the potential of machine learning, deep learning, and natural language processing. I love exploring how these technologies are being used to solve real-world problems and am always eager to learn more. In my spare time, you can find me tinkering with neural networks and reading about the latest AI research.

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