{"id":814098,"date":"2025-02-18T08:34:13","date_gmt":"2025-02-18T13:34:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/"},"modified":"2025-02-18T08:34:13","modified_gmt":"2025-02-18T13:34:13","slug":"reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/","title":{"rendered":"Reliance Global Group Expands RELI Exchange Commercial Quote &amp; Bind InsurTech Platform Following Successful Beta Launch"},"content":{"rendered":"<div class=\"mw_release\">\n<p>LAKEWOOD, N.J., Feb.  18, 2025  (GLOBE NEWSWIRE) &#8212; <strong>Reliance Global Group, Inc. (Nasdaq: RELI) <\/strong>(\u201cReliance\u201d, \u201cwe\u201d or the \u201cCompany\u201d) today announced a significant expansion of its Commercial Quote &amp; Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. This expansion brings additional carriers and more product offerings to RELI Exchange\u2019s agent distribution channel, with plans to continuously introduce new lines of business and carriers in the coming months.<\/p>\n<p>\u201cAt Reliance, our mission is to empower agents with best-in-class InsurTech solutions that maximize efficiency and drive business growth,\u201d said Ezra Beyman, Chairman and CEO of Reliance. \u201cBy expanding our network of carriers and product lines, we are providing our agency partners with the tools they need to serve clients more quickly and effectively. These enhancements will enable agents to connect with more prospects, write more policies, and ultimately build their businesses and increase their earnings.\u201d<\/p>\n<p>\u201cStrategic technology integration remains a key driver of our continued success, and the enhanced RELI Exchange platform is a testament to this commitment. With its ability to seamlessly quote and bind a broader range of commercial insurance policies, RELI Exchange continues to strengthen its position as a leading InsurTech provider\u2014leveraging automation to optimize the insurance purchasing experience for both agents and their clients,\u201d added Mr. Beyman.<\/p>\n<p>\u201cThis expansion marks another milestone in our vision to make RELI Exchange the most powerful and comprehensive agency partner platform in the industry,\u201d said Moshe Fishman, Director of InsurTech and Operations at Reliance. \u201cBy continuously adding new carriers and insurance products, we are ensuring that our agents remain at the forefront of the industry, equipped with the latest technology to drive their success.\u201d<\/p>\n<p>\n        <strong>About Reliance Global Group, Inc.<\/strong>\n      <\/p>\n<p>Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency\/brokerage industry. The Company\u2019s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, while reducing back-office cost and burden. The Company\u2019s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail \u201cbrick and mortar\u201d insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gPhyoZCwjqfYSkxW8VLp343bpUK5LRVYj4IOTv1e7PbNscsKt_aI4uqOrvPQNfDxfvHSVR58KVTO_tTiL4XIMGiPvQsmGLmQi93Bm41NgscLBJ61VbYpux9BlDeu7sfCn9_xSNZuh5oT7nN03MDhpkTcciR5nf1P_7mtLjZEq_3DgMjWGWZT1egKwhWDDrkgG-mJzKAJ8utwq3H-PhtlBn_aB2eJC2Km6f0F-reZdJVYx4aUs6kGlpCPUGgDyRoP79h1TJphj5-74E8KTj-VwCBonqs3q_dES0uZO3lgs56xaNSeUGsg_cUJ9E-teeuPcJBKNKOuObm5oorz1KOLMgwRwAPGGoxQePDpwN9rVz7isUyV_ffzYxifftaqHOZSQfrFiFgS6BUhsnWOwfCuIQh-IPl6pnKk_YOE0fLEKcE=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.relianceglobalgroup.com<\/a>. <\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>\n        <em>This press release contains forward-looking statements within the meaning of the \u201csafe harbor\u201d 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. In some cases, forward-looking statements can be identified by terminology such as \u201cmay,\u201d \u201cshould,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d and similar expressions and include statements such as the Company having built a best-in-class InsurTech platform, making RELI Exchange an even more compelling value proposition and further accelerating growth of the platform, rolling out several other services in the near future to RELI Exchange agency partners, building RELI Exchange into the largest agency partner network in the U.S., the Company moving in the right direction and the Company\u2019s highly scalable business model driving significant shareholder value. 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 ,and risks and uncertainties related to the Company\u2019s ability to generate the revenue anticipated and the ability to build the RELI Exchange into the largest agency partner network in the U.S., and the other factors described in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as the same may be updated from time to time. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the Company\u2019s Quarterly Reports on Form 10-Q, the Company\u2019s Current Reports on Form 8-K and subsequent filings with the Securities and Exchange Commission. 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.<\/em>\n      <\/p>\n<p>\n        <strong>Contact:<\/strong><br \/>\n        <br \/>Crescendo Communications, LLC<br \/>Tel: +1 (212) 671-1020<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Rocj-NWksTy0xla9sf9wyjrVpZM01_pfY3cD58aK8ScjXh9apSsUbQI1OCG4ZPj5cE4unRG2u8cg-pfc818GD1CTzCTM0cPINNnZucrtDw0=\" rel=\"nofollow\" target=\"_blank\">RELI@crescendo-ir.com<\/a>\u00a0<\/p>\n<p>\n        \n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1OTczMyM2NzU0NzI5IzUwMDEwOTQzNA==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MWIwODUxMzYtZGMxMi00YWIzLWIzMGItODk5NTBkYjk4NjE2LTUwMDEwOTQzNA==\/tiny\/Reliance-Global-Group-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LAKEWOOD, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) &#8212; Reliance Global Group, Inc. (Nasdaq: RELI) (\u201cReliance\u201d, \u201cwe\u201d or the \u201cCompany\u201d) today announced a significant expansion of its Commercial Quote &amp; Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. This expansion brings additional carriers and more product offerings to RELI Exchange\u2019s agent distribution channel, with plans to continuously introduce new lines of business and carriers in the coming months. \u201cAt Reliance, our mission is to empower agents with best-in-class InsurTech solutions that maximize efficiency and drive business growth,\u201d said Ezra Beyman, Chairman and CEO of Reliance. \u201cBy expanding our network of carriers and product lines, we are providing our agency partners with the tools &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Reliance Global Group Expands RELI Exchange Commercial Quote &amp; Bind InsurTech Platform Following Successful Beta Launch&#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-814098","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reliance Global Group Expands RELI Exchange Commercial Quote &amp; Bind InsurTech Platform Following Successful Beta Launch - 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-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance Global Group Expands RELI Exchange Commercial Quote &amp; Bind InsurTech Platform Following Successful Beta Launch - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LAKEWOOD, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) &#8212; Reliance Global Group, Inc. (Nasdaq: RELI) (\u201cReliance\u201d, \u201cwe\u201d or the \u201cCompany\u201d) today announced a significant expansion of its Commercial Quote &amp; Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. This expansion brings additional carriers and more product offerings to RELI Exchange\u2019s agent distribution channel, with plans to continuously introduce new lines of business and carriers in the coming months. \u201cAt Reliance, our mission is to empower agents with best-in-class InsurTech solutions that maximize efficiency and drive business growth,\u201d said Ezra Beyman, Chairman and CEO of Reliance. \u201cBy expanding our network of carriers and product lines, we are providing our agency partners with the tools &hellip; Continue reading &quot;Reliance Global Group Expands RELI Exchange Commercial Quote &amp; Bind InsurTech Platform Following Successful Beta Launch&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-18T13:34:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1OTczMyM2NzU0NzI5IzUwMDEwOTQzNA==\" \/>\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=\"4 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-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Reliance Global Group Expands RELI Exchange Commercial Quote &amp; 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(Nasdaq: RELI) (\u201cReliance\u201d, \u201cwe\u201d or the \u201cCompany\u201d) today announced a significant expansion of its Commercial Quote &amp; Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. This expansion brings additional carriers and more product offerings to RELI Exchange\u2019s agent distribution channel, with plans to continuously introduce new lines of business and carriers in the coming months. \u201cAt Reliance, our mission is to empower agents with best-in-class InsurTech solutions that maximize efficiency and drive business growth,\u201d said Ezra Beyman, Chairman and CEO of Reliance. \u201cBy expanding our network of carriers and product lines, we are providing our agency partners with the tools &hellip; Continue reading \"Reliance Global Group Expands RELI Exchange Commercial Quote &amp; Bind InsurTech Platform Following Successful Beta Launch\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-18T13:34:13+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1OTczMyM2NzU0NzI5IzUwMDEwOTQzNA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-expands-reli-exchange-commercial-quote-bind-insurtech-platform-following-successful-beta-launch\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Reliance Global Group Expands RELI Exchange Commercial Quote &amp; 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