Reliance
Global Group Adds Two
Leading National Insurance Carriers
to its
5MinuteInsure.com
Platform
LAKEWOOD,
N.J.,
March
26,
2021 -- InvestorsHub NewsWire -- Reliance
Global Group,
Inc. (Nasdaq:
RELI; RELIW),
an insurtech
company
focused on
combining
advanced
technologies with the personalized
experience of a traditional insurance
agency, today announced
its
subsidiary, Fortman Insurance Services
LLC, has been approved to offer
Travelers
and
Nationwide insurance products
nationally through the Company's
5MinuteInsure.com
platform
.
The Company plans
to initially focus on home and auto insurance,
with the goal to
add additional coverages.
Ezra Beyman, CEO
of Reliance Global Group, commented, "The addition of Travelers
and Nationwide to our growing list of insurance carriers marks
another important milestone
for our
5MinuteInsure.com platform. Travelers and Nationwide,
among the largest property and casualty insurance providers in the
U.S., are highly selective
of the
agencies
approved to offer
their products, and we believe these approvals
further
validate of our unique approach, which
utilizes artificial intelligence to
provide insurance quotes online, in many cases, within five
minutes, with minimal data input by the customer. Comparing quotes among a
growing array of carriers provides consumers' confidence they are
receiving competitive quotes highly customized to their
needs. In
addition, combining the
5MinuteInsure.com
platform with our agency
infrastructure and hands-on approach will provide
consumers
with the option to speak with an
agent to answer questions and bind their policy. We
are excited about
this development and look forward to continuing
our aggressive rollout of the 5MinuteInsure.com
platform."
About
Reliance Global Group, Inc.
Reliance Global
Group, Inc. (NASDAQ: RELI, RELIW) is an insurtech
company
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
through 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