InsurTech Company – Reliance Global Group, Inc.’s (NASDAQ: RELI) (NASDAQ: RELIW) ($RELI) interview Ezra Beyman, CEO/Founder.

Dec 5, 2023

From the Nasdaq MarketSite Studio, Reliance Global Group, Inc.’s (NASDAQ: RELI) (NASDAQ: RELIW) ($RELI) CEO/Founder, Ezra Beyman, and New to The Street’s TV Host Jane King talk about RELI’s insurance business. As an insurance technology-based Company, RELI is transforming the traditional insurance business model. Agency partners become more competitive and productive through the RELI Exchange Partner Network, a proprietary technology platform with advanced automation and artificial intelligence (AI). Starting in 1985, Ezra formed a mortgage company that, in the early 2000s, became the third-largest mortgage company in the US. At the same time, that company held a larger real-estate portfolio, owning properties in several states. In 2005, he started buying insurance agencies, and in 2018, RELI became public on the OTC Markets, later up-listed to the Nasdaq stock exchangesymbol RELI. Ezra tells viewers that he invested around $5M to ensure RELI’s operational success. The Company owns approximately eight (8) agencies and is pursuing further acquisitions to scale operations. On November 21, 2023, the Company announced a Letter-of-Intent (LOI) to acquire an agency that Ezra believes could more than double revenues upon successful purchase and integration into the RELI Exchange Network. Customers interested in getting comprehensive insurance quotes can use RELI’s 5minuteinsure.com site to get immediate quotes from different providers within five minutes or less. Customers can then evaluate the best coverage and prices and purchase insurance products from the site that fit their needs. RELI Exchange helps agency partners succeed, making the insurance sales process easier and more competitive than large insurance organizations. The competitors’ large technology-driven insurance platforms are inefficient and expensive compared to RELI’s. Management believes that over the next 12-81 months, they will acquire more agencies, streamline operations, reduce costs, increase profitability, and increase customers and agency partners. The on-screen QR code is available during the show; download or visit Reliance Global Group, Inc.– https://relianceglobalgroup.com/.

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