Reliance World Group publicizes RELI Change surpasses 100 company companions


Lakewood, NJ, September 29, 2022 (Globe Newswire) — Reliance World Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or “the Firm”), which mixes synthetic intelligence (AI) and cloud-based applied sciences with the private expertise of a standard insurance coverage company, right this moment introduced that RELI Change, its business-to-business -Enterprise (B2B) Insurtech platform and company associate community surpasses 100 company companions (click on right here to observe RELI trade video).

moshe fishmanDirector of Insurtech Reliance World Group Commented, “Since its launch in July, RELI Change is quick changing into one of many main company associate networks within the nation. In contrast to different company options, our cloud-based platform does not require company companions to pay upfront or recurring franchise charges to arrange or handle – they will merely join as an company associate and develop And might begin leveraging the ability of RELI exchanges to develop instantly. Bettering the operational effectivity of their enterprise. RELI helps trade brokers evaluate quotes sooner and promote extra insurance coverage in a manner they may not earlier than implementing the know-how stack Reliance World Group has developed. The platform gives aggressive insurance coverage quotes from over thirty insurance coverage carriers throughout the nation in a matter of minutes, guaranteeing that prospects are getting the absolute best quotes. RELI trade additionally reduces an agent’s back-office burden and bills by eliminating paperwork, thus offering brokers extra time to give attention to their purchasers, promote insurance policies and develop their companies. ,

“Our platform can also be attracting entrepreneurs who beforehand labored as captive profession brokers or inside massive and infrequently bureaucratic companies. These brokers can now take full benefit of being their very own enterprise house owners. The present financial system Given the uncertainties of the U.S., property and casualty insurance coverage has stood the check of time, even in an inflationary atmosphere.On the identical time, we’re trying ahead to additional wooing and supporting the expansion of our company associate community with new recurring aggressively including income streams. Consequently, we’re proud to announce that we’ve got exceeded 100 company companions inside the community.”

Mr. Ezra BemanReliance Chairman and CEO commented, “We now have acquired wonderful response from our RELI Change company companions. They’re already reporting constructive impacts of the platform on their enterprise. We imagine we’ve got created a best-in-class The platform has been constructed and we aren’t conscious of some other providing within the insurance coverage trade with the velocity, or versatility of RELI Change. We’re excited that the platform has grown so rapidly and there are new additions to its community. We sit up for aggressively including company companions and new income streams, which we imagine can have a multiplier impact on the expansion of our enterprise. Given the proprietary software program we develop, our company associate mannequin is very scalable, And we imagine this can give us the power to considerably develop this enterprise line with low further prices. As we’ve got mentioned earlier, we purpose to construct RELI Change into the most important company associate community within the nation and we imagine It’s believed that the expansion we’ve got already skilled exhibits that we’re heading in the right direction.

about Reliance World Group, Inc.

Reliance World Group, Inc. (NASDAQ:RELI, RELIW) is combining superior applied sciences with the private expertise of a standard insurance coverage company mannequin. Reliance World Group’s progress technique is concentrated on each natural enlargement, together with 5mininsure.com and RELI Change, in addition to the acquisition of well-managed, low valuation and money circulation constructive insurance coverage companies. Further details about the corporate is out there at https://www.relianceglobalgroup.com/.

forward-looking statements

This press launch comprises forward-looking statements inside the which means of the “protected harbor” provisions of the Non-public Securities Litigation Reform Act of 1995. Statements aside from these of historic information contained on this press launch could represent forward-looking statements and will not be assured. future efficiency, place or outcomes and includes numerous dangers and uncertainties. In some circumstances, forward-looking statements are recognized with terminology akin to “would possibly,” “ought to,” “seemingly,” “proceed,” “anticipate,” “anticipate,” “intend,” “plan,” “imagine” Could go. Incorporates statements like “guess,” and related expressions and Constructing on a best-in-class platform, we proceed to aggressively add new company companions and new income streams to our community, with new additions and income streams that may have a multiplier impact on the expansion of our enterprise, serving to the Firm Effectivity Platform To considerably develop this enterprise line with low further prices, RELI Change goals to construct into the most important company associate community within the nation and the corporate has already skilled progress demonstrating this that the corporate is heading in the right direction, Precise outcomes might differ materially from these of forward-looking statements because of numerous elements, together with these described in our filings on occasion. Securities and Change Fee and elsewhere dangers within the type of and uncertainties associated to: the power of the corporate Proceed to aggressively add new company companions and new income streams to our community, The corporate’s capability to generate income and develop the RELI trade, the corporate’s capability to keep up its NASDAQ itemizing, and different elements described within the firm’s annual report on Type 10-Okay for the 12 months ended December 31, 2021 and with subsequent submitting seconds, together with subsequent periodic stories on Types 10-Q and 8-Okay. The knowledge on this launch is offered solely as of the date of this launch, and the corporate undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not because of the brand new info, in future occasions. or in any other case, be after the date. Statements that are made or replicate the incidence of unexpected occasions, besides as required by regulation.

contact:

Crescendo Communications, LLC
Tel: +1 (212) 671-1020
E-mail: RELI@crescendo-ir.com

Supply: Reliance World Group, Inc.

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