Reliance Global Group Adds Two Leading National Insurance Carriers to Its 5MinuteInsure.com Platform
March 26 2021 - 8:30AM
via NewMediaWire –
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, LLCTel: +1 (212) 671-1020Email:
RELI@crescendo-ir.com
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