Reliance Global Group Announces Appointment of Industry Pioneer and Entrepreneur Moshe Fishman as Director of Insurance Opera...
February 24 2021 - 8:30AM
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.
Prior to joining Reliance Global Group, Mr. Fishman served as
President of Tekeno Financial, LLC, which offers a variety of
insurance products and annuities. While at Tekeno, Mr.
Fishman structured a variety of unique no load fee insurance
products to compete with low yielding bank products. He was
also responsible for developing online and national media marketing
strategies. Previously, he founded CoverageX LLC, an online
platform for comparing, selecting, purchasing and servicing
insurance policies. Mr. Fishman also served as President of
Fishman Insurance Agency, a property and casualty insurance agency
servicing the commercial real estate market.
Ezra Beyman, CEO of Reliance Global Group, stated,
"We are delighted to welcome Moshe to Reliance Global. He
brings extensive experience and a successful track record in the
insurance agency market. Of particular note, he founded
CoverageX, a state-of-the-art online platform for comparing and
purchasing insurance policies. We look forward to leveraging
his online and offline insurance background as we prepare the
commercial launch of 5minuteinsure.com, which brings together the
‘human touch’ of a traditional agency, with the industry’s most
advanced digital and online tools. We believe
5MinuteInsure.com will not only provide an unparalleled customer
experience, but will also allow us to streamline operations and
enhance the efficiency of our portfolio companies. In addition,
Moshe brings insurance industry experience that will be valuable as
we seek to expand our portfolio of nationwide insurance
agencies.”
About Reliance Global Group,
Inc.
Reliance Global Group, Inc. (NASDAQ: RELI) is
moving forward with its goal to operate in the insurance sector
through its insurance brokerage agencies and online insurance
businesses, and potentially other sectors. RELI's focus continues
to be to grow the Company by pursuing an aggressive growth strategy
of acquisition opportunities, including insurance agencies.
Insurance agencies, as opposed to insurance carriers, bear no
insurance risk. The Company is controlled by Reliance Global
Holdings, LLC, a New York-based limited liability company, which is
the owner and operator of numerous companies with core interests
invested in real estate and insurance brokerage.
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, LLC Tel: +1 (212)
671-1020 Email: RELI@crescendo-ir.com
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