Reliance Global Group

Reliance Global Group, Inc. is a diversified company, which engages in the business of insurance market and other relates sectors. It focuses on acquisition strategy, wholesale, and retail insurance agencies. The company was founded on August 2, 2013 and is headquartered in Lakewood, NJ.

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Lakewood, New Jersey--(Newsfile Corp. - April 23, 2024) - Reliance Global Group Inc. (NASDAQ: RELI) (NASDAQ: RELIW) will be participating in the EF Hutton Annual Global Conference, which will take place on May 15, 2024 at The Plaza Hotel in New York. Ezra Beyman, CEO, will be presenting on May 15th.

Reliance Global Group Inc.: Invitation to EF Hutton Annual Global Conference

Acquisition letter of intent previously announced progresses to final stages of definitive agreement discussions Acquisition letter of intent previously announced progresses to final stages of definitive agreement discussions

Reliance Global Group's Revenue Grows by 17% and 40% in 2023 Compared to 2022 and 2021, respectively

Lakewood, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, April 4, 2024, at 1:00 PM Eastern Time to discuss financial results for the fourth quarter of 2023 and provide a business update.

Reliance Global Group Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call

LAKEWOOD, NJ, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance” or the “Company”), today announced that it has added the RELI Exchange Client Referral Portal (CRP) into its proprietary InsurTech platform, RELI Exchange.

RELI Exchange Launches the Client Referral Portal into its Proprietary InsurTech Platform

Reports more than 60% increase in total RELI Exchange policies following onboarding of Fortman Insurance under new “One-Firm” approach

Reliance Global Group Provides Year-End Update on RELI Exchange

Reliance Global (NASDAQ: RELI ) stock is on the move Tuesday after the retail insurance company announced plans for a proposed public share offering. Initially, shares of RELI stock were falling this morning after it announced a proposed public stock offering after markets closed on Monday.

Why Is Reliance Global (RELI) Stock on the Move Today?

Post acquisition, Reliance's revenue expected to increase greater than 100% Attractive consolidated EBITDA returns expected for FY'24 and beyond LAKEWOOD, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today announced it has entered into a Letter of Intent (LOI) to acquire a well established benefits enrollment company (the “Target”).

Reliance Global Group Announces Letter of Intent for Most Significant Acquisition to Date

Lakewood, NJ, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance Global Group” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency under the RELI Exchange umbrella, today announced it has withdrawn its previously announced underwritten public offering.

Reliance Global Group, Inc. Withdraws Proposed Underwritten Public Offering

Lakewood, NJ, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance Global Group” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency under the RELI Exchange umbrella, today announced it has commenced an underwritten public offering. Reliance Global Group intends to use the net proceeds from the offering for working capital to grow the Company and general corporate purposes.

Reliance Global Group, Inc. Announces Proposed Underwritten Public Offering

Reliance Global Group, Inc. (NASDAQ:RELI ) Q3 2023 Earnings Call Transcript November 13, 2023 4:30 PM ET Company Participants Ted Ayvas - IR Ezra Beyman - Chairman and CEO Joel Markovits - CFO Conference Call Participants Mike Albanese - EF Hutton Operator Greetings. Welcome to the Reliance Global Third Quarter 2023 Financial Results and Business Update Conference Call.

Reliance Global Group, Inc. (RELI) Q3 2023 Earnings Call Transcript

Consolidates All Reliance Owned Agencies Under the RELI Exchange Brand Anticipated Benefits Include Enhanced Efficiencies, Cross Talent Utilization, and Cross-Selling Reliance is Positioned for Seamless Integration of Accretive Acquisitions and Rapid Scalability SMIC Now Under the RELI Exchange Umbrella LAKEWOOD, NJ, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today formally announces its OneFirm vision and branding consolidation under the RELI Exchange umbrella. Ezra Beyman, CEO of Reliance, commented, "As we continue to grow, the Company is furthering its ‘OneFirm' approach which brings together Reliance Global Group's individual agencies under the single umbrella of RELI Exchange.

Reliance Global Group Embraces 'OneFirm' Approach for Future Growth

Working Capital Increases by $5.4 million Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today provided a business update and reported financial results for the third quarter and nine months ended September 30, 2023. Ezra Beyman, CEO of Reliance, commented, "We are pleased to report a 16% and 19% year-over-year increase in revenue for the third quarter and first nine months of 2023 respectively.

Reliance Global Group's Revenue Grows by 16% for the Third Quarter of 2023

Lakewood, NJ, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that it will host a conference call Monday, November 13, 2023 at 4:30 PM Eastern Time to discuss financial results for the third quarter of 2023 and provide a business update.

Reliance Global Group Schedules Third Quarter 2023 Financial Results and Business Update Conference Call

Reliance Global Group, Inc. (NASDAQ:RELI ) Q2 2023 Earnings Conference Call August 10, 2023 12:00 PM ET Company Participants Theodore Ayvas - Investor Relations, Crescendo Communications Ezra Beyman - Chairman and Chief Executive Officer Grant Barra - Senior Vice President of Operations Moshe Fishman - Director of Insurtech and Operations Joel Markovits - Chief Financial Officer Conference Call Participants Michael Albanese - EF Hutton Operator Greetings. Welcome to the Reliance Global Second Quarter 2023 Financial Results and Business Update Conference Call.

Reliance Global Group, Inc. (RELI) Q2 2023 Earnings Call Transcript

Working Capital Increases by $6.8 million RELI Exchange Continuing to Grow its Network of Agency Partners Strategic Plan for Consolidation of Subsidiary Agencies Leading to Enhanced Market Presence Reports 30% Reduction in Loss from Operations for the First Half of 2023 Over Same Period Last Year Company to Host Conference Call Today at 12:00 PM Eastern Time LAKEWOOD, N.J., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today provided a business update and reported financial results for the second quarter ended June 30, 2023.

Reliance Global Group Achieves 12% Increase in Revenue for the Second Quarter of 2023

Lakewood, NJ, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, August 10, 2023 – 12:00 PM Eastern Time to discuss financial results for the second quarter of 2023 and provide a business update.

Reliance Global Group Schedules Second Quarter 2023 Financial Results and Business Update Conference Call

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Reliance Global Group, Inc. (NASDAQ:RELI ) Q1 2023 Results Conference Call May 18, 2023 4:30 PM ET Company Participants Theodore Ayvas - VP, Crescendo Communications Ezra Beyman - Chairman & Chief Executive Office Joel Markovits - Chief Financial Officer Conference Call Participants Edward Reily - EF Hutton Elon Friedman - VKC Fund Operator Greetings, and welcome to the Reliance Global First Quarter 2023 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode.

Reliance Global Group, Inc. (RELI) Q1 2023 Earnings Call Transcript

RELI Exchange Continuing to Add New Agency Partners and Support Growth Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., May 18, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today provided a business update and reported financial results for the first quarter ended March 31, 2023.

Reliance Global Group Achieves 29% Increase in Revenue for the First Quarter of 2023

Lakewood, NJ, May 18, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced that it will host a conference call today, Thursday May 18, 2023 at 4:30 PM Eastern Time to discuss financial results for the first quarter of 2023 and provide a business update.

Reliance Global Group Schedules First Quarter 2023 Financial Results and Business Update Conference Call

Lakewood, NJ, May 04, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that its management team will be participating in The Inaugural EF Hutton Global Conference, which will be held on May 10-11, 2023, at the Plaza Hotel in New York City. The Inaugural EF Hutton Global Conference is a two-day, invitation-only event featuring key executives from approximately 150 public and private companies to convey their unique stories to an extensive audience that includes institutional investors, high-net-worth individuals, corporate clients, and exclusive members of the press.

Reliance Global Group to Participate in the Inaugural EF Hutton Global Conference

Reliance Global Group, Inc. (NASDAQ:RELI ) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Theodore Ayvas - VP, Crescendo Communications Ezra Beyman - Chairman & Chief Executive Office Joel Markovits - Chief Financial Officer Conference Call Participants Edward Reily - EF Hutton Operator Good day, everyone, and welcome to the Reliance Global Group Fourth Quarter and 2022 Year-End Financial Results and Business Update Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Ted Ayvas.

Reliance Global Group, Inc. (RELI) Q4 2022 Earnings Call Transcript

Lakewood, NJ , March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced the closing of its previously announced private placement of common stock (or pre-funded warrants in lieu thereof) and warrants.

Reliance Global Group, Inc. Announces Closing of $4.0 Million Private Placement

LAKEWOOD, N.J., March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today provided preliminary revenue guidance for the 2022 fiscal year. The Company currently projects revenue for the 2022 fiscal year of more than $16.5 million, an increase of greater than 70% compared to 2021.

Reliance Global Group Projects Strong Revenue Growth of More Than 70% for Fiscal 2022

LAKEWOOD, N.J., March 15, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance Global”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced the launch of RELI University, a new innovative communication and training tool developed by RELI Exchange.

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