News
Reliance Global Group CEO Interviewed on Proactiveinvestors.com; Lays Out Vision for Investment and Strategic Partnership With Nsure.com
LAKEWOOD, NJ, Feb. 26, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that Ezra Beyman, Chief Executive Officer of Reliance Global Group, appeared on Proactiveinvestors.com to discuss the Company’s holdings, as well as its latest strategic partnership and investment into Nsure.com, America’s first licensed digital insurance agency®.
The segment can be viewed on the Proactiveinvestors.com website.
Ezra Beyman, CEO of Reliance Global Group, stated, “We appreciate this opportunity to share our vision for Reliance following our recently announced strategic partnership and investment into Nsure.com, which we believe marks a major catalyst and inflection point for our business. The US personal home and auto insurance markets alone are valued at approximately $340 billion in annual premiums with a mere 10% of the market now online. I truly believe this partnership has the potential to disrupt and transform the insurance sector like so many industries before, as the insurance market migrates from offline to online. We also look forward to utilizing Nsure.com's proprietary backend processing technology to support our traditional agency business, which is expected to drive further efficiencies and cost reductions. We look forward to unveiling additional details related to our digital strategy in the months ahead, while continuing to execute on our M&A strategy in the real estate and insurance sectors. Towards this end, we look forward to participating in upcoming investor conferences, conducting open investor conference calls followed by a Q&A session, and taking advantage of other venues to increase our exposure within the investment community.”
Proactiveinvestors is a leading multi-media news organization, investor portal and events management business with offices in New York, Sydney, Toronto, Frankfurt and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of listed companies across the globe daily.
We would also like to note that the audits currently in progress for the remaining insurance subsidiaries are coming to a close and they will be posted once complete.
