Reliance Global Group Promotes Jonathan Fortman to Vice President of Acquisitions
November 22 2021 - 10:28AM
via NewMediaWire --
Reliance Global Group,
Inc. (Nasdaq: RELI; RELIW), which combines AI and
cloud-based technologies with the personalized experience of a
traditional insurance agency, today announced that Jonathan Fortman
has been promoted from Chief Operating Officer of Reliance Global
Group’s subsidiary, Fortman Insurance Services, to Vice President
of Acquisitions for Reliance Global Group, where he reports
directly to Mr. Ezra Beyman, Chairman and CEO.
Mr. Fortman joined Reliance Global Group in 2019
when the Company acquired Fortman Insurance Services, an
independent insurance agency started by the Fortman family in 1978.
Mr. Fortman joined Fortman Insurance Services in 2003 and over
time, his responsibilities increased, eventually leading to his
appointment as COO in 2019. Mr. Fortman earned a bachelor’s degree
in Economics from Bowling Green State University in 2002.
Ezra Beyman, Chairman and CEO of Reliance Global
Group, commented, “We are delighted to announce the promotion of
Jonathan to Vice President of Acquisitions. Jonathan brings
extensive industry relationships and a deep understanding of the
sector. Since he joined the team, Jonathan has been instrumental in
helping evaluate a variety of acquisition targets and we look
forward to fully leveraging the breadth of his experience. Given
our success rolling out 5MinuteInsure.com, we are now accelerating
our focus on acquiring accretive insurance agencies and are
actively evaluating several targets that could have a significant
impact on our business. We believe such acquisitions would
support our strategy of becoming the nation’s leading ‘clicks and
bricks’ insurance company.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI, RELIW)
is combining advanced technologies, with the personalized
experience of a traditional insurance agency model. Reliance Global
Group’s growth strategy includes both an organic expansion,
including 5MinuteInsure.com, as well as acquiring well managed,
undervalued and cash flow positive insurance agencies.
Additional information about the Company is available
at https://www.relianceglobalgroup.com/.
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, LLCTel: +1 (212)
671-1020Email: RELI@crescendo-ir.com
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