{"id":457696,"date":"2021-03-15T09:33:11","date_gmt":"2021-03-15T13:33:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457696"},"modified":"2021-03-15T09:33:11","modified_gmt":"2021-03-15T13:33:11","slug":"reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/","title":{"rendered":"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">LAKEWOOD, NJ, March  15, 2021  (GLOBE NEWSWIRE) &#8212; <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TZ1hQvq88zGoDdSZphjGr3QvlWfI2pRD9MQq-EETasuwBxtbsSJhWXbGScIQOxO2pWsN6RIpdpL2vVdzx2Z1etJzRWo0CfP6kMueyKha5Hs=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">via NewMediaWire<\/a>\u00a0<\/u><b>&#8212;\u00a0Reliance Global Group, Inc. (Nasdaq: RELI; RELIW)<\/b>, which combines advanced technologies with the personalized experience of a traditional insurance agency, announces that its affiliated Reliance Insurtech division has received licenses to sell home and auto insurance in 40 states, with plans to expand to additional types of insurance.\u00a0 In order to utilize these licenses and achieve efficacy, its 5MinuteInsure.com platform is in the process of being configured to offer insurance in the respective states, while the Company is onboarding carriers in these states.<\/p>\n<p align=\"start\">5MinuteInsure.com is designed to leverage the Company\u2019s proprietary and novel technologies, allowing it to tap into the growing number of online shoppers and, in turn, driving demand to its affiliated agents.\u00a0 5MinuteInsure.com utilizes artificial intelligence to provide competitive insurance quotes, in many cases, within five minutes, with minimal data input by the customer via their smartphone, tablet or computer.\u00a0<\/p>\n<p align=\"start\">Ezra Beyman, CEO of Reliance Global Group, commented, \u201cWe have achieved a significant milestone in being licensed in 40 states, with more states to follow.\u00a0 Now, we are in the process of aggressively onboarding known insurance carriers, both regional and nationwide, in order to realize the benefits of this novel platform. We believe that as this process unfolds, our online offering will be highly attractive to the growing number of consumers who have now become accustomed to conducting almost all of their business online. We believe we are unique in our ability to combine the traditional insurance agency model with tools adapted for the modern digital age.\u00a0 We can now provide customers the ability to digitally compare quotes within minutes and request to bind their policy online. For clients who still prefer to interact with a person directly, there will be concierge agents available through live chat or phone to assist in reviewing and binding coverage as well as servicing policies. We look forward to providing further updates as key developments unfold.\u201d<\/p>\n<p align=\"start\">\n        <b>About Reliance Global Group, Inc.<\/b>\n      <\/p>\n<p align=\"start\">Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is combining advanced technologies, with the personalized experience of a traditional insurance agency model. Reliance Global Group\u2019s growth strategy includes both an organic expansion, including through 5minuteinsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies.\u00a0 Additional information about the Company is available at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QjaS5RlDemqvqVUUqsbhF1NblA_MZ2y_LXHbDFv8ympPUuHmy5EkaCRQWXZ3hDoi8lrslqdop2wjQK_DItOfOiZxB6YRYXUQI8AxvFUYRrzSLXSrwqygSkVwr944Uwcz\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.relianceglobalgroup.com\/<\/u><\/a>.\u00a0<\/p>\n<p align=\"start\">\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p align=\"start\">\n        <i>This press release contains forward-looking statements within the meaning of the &#8220;safe harbor&#8221; 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.<\/i>\n      <\/p>\n<p align=\"start\">\n        <b>Contact:<\/b>\n      <\/p>\n<p align=\"start\">Crescendo Communications, LLC<br \/>Tel: +1 (212) 671-1020<br \/>Email:\u00a0RELI@crescendo-ir.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDEzNiM0MDY0NDAzIzUwMDA2ODE2OQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/13ea59fe-242b-459c-9730-c74543de8010\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LAKEWOOD, NJ, March 15, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212;\u00a0Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines advanced technologies with the personalized experience of a traditional insurance agency, announces that its affiliated Reliance Insurtech division has received licenses to sell home and auto insurance in 40 states, with plans to expand to additional types of insurance.\u00a0 In order to utilize these licenses and achieve efficacy, its 5MinuteInsure.com platform is in the process of being configured to offer insurance in the respective states, while the Company is onboarding carriers in these states. 5MinuteInsure.com is designed to leverage the Company\u2019s proprietary and novel technologies, allowing it to tap into the growing number of online shoppers and, in turn, driving demand to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457696","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LAKEWOOD, NJ, March 15, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212;\u00a0Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines advanced technologies with the personalized experience of a traditional insurance agency, announces that its affiliated Reliance Insurtech division has received licenses to sell home and auto insurance in 40 states, with plans to expand to additional types of insurance.\u00a0 In order to utilize these licenses and achieve efficacy, its 5MinuteInsure.com platform is in the process of being configured to offer insurance in the respective states, while the Company is onboarding carriers in these states. 5MinuteInsure.com is designed to leverage the Company\u2019s proprietary and novel technologies, allowing it to tap into the growing number of online shoppers and, in turn, driving demand to &hellip; Continue reading &quot;Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T13:33:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDEzNiM0MDY0NDAzIzUwMDA2ODE2OQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division\",\"datePublished\":\"2021-03-15T13:33:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\\\/\"},\"wordCount\":544,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE5MDEzNiM0MDY0NDAzIzUwMDA2ODE2OQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\\\/\",\"name\":\"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/","og_locale":"en_US","og_type":"article","og_title":"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division - Market Newsdesk","og_description":"LAKEWOOD, NJ, March 15, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire\u00a0&#8212;\u00a0Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines advanced technologies with the personalized experience of a traditional insurance agency, announces that its affiliated Reliance Insurtech division has received licenses to sell home and auto insurance in 40 states, with plans to expand to additional types of insurance.\u00a0 In order to utilize these licenses and achieve efficacy, its 5MinuteInsure.com platform is in the process of being configured to offer insurance in the respective states, while the Company is onboarding carriers in these states. 5MinuteInsure.com is designed to leverage the Company\u2019s proprietary and novel technologies, allowing it to tap into the growing number of online shoppers and, in turn, driving demand to &hellip; Continue reading \"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-15T13:33:11+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDEzNiM0MDY0NDAzIzUwMDA2ODE2OQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division","datePublished":"2021-03-15T13:33:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/"},"wordCount":544,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDEzNiM0MDY0NDAzIzUwMDA2ODE2OQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-groups-5minuteinsure-com-platform-enhanced-with-licenses-to-sell-home-and-auto-insurance-policies-in-40-states-through-its-reliance-insurtech-division\/","name":"Reliance Global Group\u2019s 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in 40 States Through its Reliance Insurtech Division - 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