Reliance Global Group Launches 5MinuteInsure.com in 8 Additional States
December 07 2021 - 8:30AM
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 it has launched 5MinuteInsure.com in
Illinois, Connecticut, Nebraska, New Mexico, Nevada, South Dakota,
Vermont and Wisconsin.
Ezra Beyman, CEO of Reliance Global Group, commented, “We have
added another 8 states to the 5MinuteInsure.com platform,
and are now commercially available a total of 20-states across the
U.S., with a combined population of over 100 million people. We are
extremely pleased with the pace of the nationwide rollout of
5MinuteInsure.com and I’d like to personally thank our team and
advisors, who have helped us achieve these major milestones.
In the meantime, we continue to execute on our agency business
model, including organic growth of our portfolio companies.
We are also in advanced discussions with potentially significant
acquisitions, building on our strong track record, which we believe
could further expand our product offering and geographic
reach.”
5MinuteInsure.com is a platform developed by
Reliance Global that provides an easy and efficient way to shop and
buy insurance. Using artificial intelligence and data mining,
5MinuteInsure.com provides consumers with competitive insurance
quotes in under 2 minutes, with the ability to bind coverage within
5 minutes. Consumers can compare live quotes for auto insurance
between multiple carriers as well as instantly purchase coverage on
the same single platform. A video overview of the platform is
available here.
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, LLC Tel: +1 (212)
671-1020 Email: RELI@crescendo-ir.com
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