Reliance
Global Group Announces
Appointment
of Industry
Pioneer and
Entrepreneur
Moshe
Fishman as Director of Insurance Operations
LAKEWOOD,
N.J.,
February
XX,
2021 --
InvestorsHub NewsWire -- 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