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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LAKEWOOD, NJ, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) with the personalized experience of a traditional insurance agency, today announced that it has added a real-time, life insurance quotation tool to both its RELI Exchange and 5Minuteinsure.com platforms. The tool displays life insurance quotes from more than 15 life insurance companies, and builds upon the Company's successful home and auto insurance offerings.

Reliance Global Group Announces Real-Time Life Insurance Quotes are Now Available through its InsurTech Platforms

Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) with the personalized experience of a traditional insurance agency, today announced that it has entered into a referral partnership with Eastern Union Funding, LLC (“Eastern Union”), a provider of commercial real estate finance and capital market solutions. Under the agreement, RELI Exchange agency partners will now be able to refer clients to Eastern Union for commercial real estate financing, including multi-family and commercial structures.

Reliance Global Group Announces Referral Partnership with Eastern Union

Reliance Global Group, Inc. (NASDAQ:RELI ) Q3 2022 Earnings Conference Call November 15, 2022 12:00 PM ET Company Participants David Waldman - Investor Relations Ezra Beyman - Chairman & Chief Executive Office William Lebovics - Chief Financial Officer Joel Markovits - Chief Accounting Officer Grant Barra - Senior Vice President of Operations Conference Call Participants Edward Riley - EF Hutton Operator Good day, ladies and gentlemen. Thank you for standing by.

Reliance Global Group, Inc. (RELI) Q3 2022 Earnings Call Transcript

Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, yesterday provided a business update and reported financial results for the third quarter ended September 30, 2022.

Reliance Global Group Achieves 61% Increase in Revenue for the Third Quarter of 2022

LAKEWOOD, N.J., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc.  (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency announced today that it will host a conference call on Tuesday, November 15, 2022, at 12:00 PM Eastern Time to discuss financial results for the quarter ended September 30, 2022, and provide a business update.

Reliance Global Group Schedules Third Quarter 2022 Financial Results and Business Update Conference Call

LAKEWOOD, NJ / ACCESSWIRE / October 6, 2022 / Reliance Global Group, Inc. (Nasdaq:RELI) (Nasdaq:RELIW) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that the management of Reliance Global Group has been invited to present at the 2022 MicroCap Rodeo Windy City Roundup Conference, which is being held on October 12 - 13, 2022 in Chicago, Illinois. William Lebovics, Chief Financial Officer of Reliance, and Grant Barra, Senior Vice President of Reliance, are scheduled to present on Thursday, October 13th at 9:00 a.m.

Reliance Global Group to Present at MicroCap Rodeo's Windy City Roundup Conference on October 13th

CEO Ezra Beyman personally purchases over $400,000 of Company Stock CEO Ezra Beyman personally purchases over $400,000 of Company Stock

Reliance Global Group Announces Share Repurchase Program of Up to 3 Million Shares

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Reliance Global Group, Inc. (NASDAQ:RELI ) Q2 2022 Earnings Conference Call August 15, 2022 2:00 PM ET Company Participants David Waldman - Crescendo Communications, IR Ezra Beyman - Chairman and CEO William Lebovics - Chief Financial Officer Joel Markovits - Chief Accounting Officer Conference Call Participants Edward Riley - EF Hutton Operator Good morning, ladies and gentlemen. And welcome to the Reliance Global Group Second Quarter 2022 Business Update Conference.

Reliance Global Group, Inc.'s (RELI) CEO Ezra Beyman on Q2 2022 Results - Earnings Call Transcript

RELI Exchange driving agency partner channel growth

Reliance Global Group Achieves 92% Increase in Revenue for the Second Quarter of 2022

LAKEWOOD, NJ, Aug. 11, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --   Reliance Global Group, Inc.  (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced today that it will host a conference call on Monday, August 15, 2022, at 2:00 PM Eastern Time to discuss financial results for the quarter ended June 30, 2022, and provide a business update.

Reliance Global Group Schedules Second Quarter 2022 Financial Results and Business Update Conference Call

LAKEWOOD, NJ, Aug. 09, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --   Reliance Global Group, Inc.  (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that Ezra Beyman, Chairman and Chief Executive Officer, Moshe Fishman, Director of Insurtech, and Grant Barra, Senior VP of Operations of Reliance Global Group, will be presenting at the Q3 Investor Summit, hosted by the Investor Summit Group, being held virtually on August 16-17, 2022.

Reliance Global Group to Present at the Q3 Investor Summit on August 16th

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LAKEWOOD, NJ, July 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (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 be participating in the Benzinga All Access event taking place on July 22, 2022.  Mr. Beyman will be joined by Grant Barra, Senior VP of Operations, who will be discussing the recently announced launch of RELI Exchange, a highly scalable InsurTech platform designed to accelerate growth of the Company's agency partner network.

Reliance Global Group to Participate in the Benzinga All Access Event on July 22nd

Provides New Tools for Independent Agents and Agency Partners to Increase Sales and Reduce Back Office Expenses

Reliance Global Group Launches RELI Exchange; Highly Scalable InsurTech Platform Expected to Accelerate Growth of Agency Partner Network

LAKEWOOD, NJ, May 31, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --   Reliance Global Group, Inc.  (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announces the appointment of Mr. William Lebovics as Chief Financial Officer, effective June 1, 2022.  Mr. Blumenfrucht, who previously served as Chief Financial Officer, will continue as a member of the Company's Board of Directors and will provide support through the transition period.

Reliance Global Group Appoints Senior Corporate Finance Executive William Lebovics as Chief Financial Office

Continues Successful Execution of Growth Strategy through Key Acquisitions and Senior Management Appointments

Reliance Global Group Achieves 82% Increase in Revenue for the First Quarter of 2022

Grant Barra to oversee expansion of the Agency Partner Network and introduction of new InsurTech to accelerate growth

Reliance Global Appoints Grant Barra Senior Vice President of Operations

Barra operates a growing network with over 60 agents and agency partners

Reliance Global Announces Acquisition of Barra & Associates, a Recognized Provider of Property and Casualty, Life and Health Insurance

Successfully integrates Medigap and actively pursuing additional acquisitions

Reliance Global Group Reports 33% Increase in Revenue for 2021

RELI stock is a speculative insurtech play that should be highly volatile in 2022 having weak fundamentals that weigh in now. The post Avoid Reliance Global Group Now, Its Not Good with Profitability appeared first on InvestorPlace.

Avoid Reliance Global Group Now, Its Not Good with Profitability

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News for Reliance Global Group Stock (RELI)