RELI Exchange Launches the Client Referral Portal into its Proprietary InsurTech Platform
January 30 2024 - 8:30AM
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.
Ezra Beyman, CEO of Reliance, stated, "Since its
inception, RELI Exchange has been consistently evolving to offer
better functionality and provide greater benefits to our existing
and prospective agency partners. We recently launched the
proprietary RELI Exchange CRP, designed to help agency partners
establish and strengthen connections with a range of professional
service providers, including but not limited to, real estate
agents, car dealerships, and mortgage brokers. These professionals
frequently interact with clients in need of insurance products.
Using this new feature, agency partners can easily generate a
unique affiliate link for each referral partner, making the process
straightforward for the referral partner’s clients to access and
purchase insurance services from a specific RELI Exchange agency
partner.”
“While these referral partners are not involved
in quoting or selling insurance, they will have access to their own
RELI Exchange CRP to monitor the status of the referral they are
providing the RELI Exchange agency partner. Similarly, agency
partners have the ability to view the sources of all their incoming
referrals, enabling them to recognize their most successful
referral sources. This system not only streamlines the referral
process, but also provides agency partners new tools to increase
closure rates.”
Moshe Fishman, Director of Insurtech and
Operations, commented, “This new CRP feature is an example of how
we are continually enhancing the value proposition of RELI Exchange
for our agency partners. We have embraced technology and produced a
streamlined experience across industries by connecting the
home-buying or auto-purchasing process together with the required
insurance solution. The initial feedback on this new addition has
been very positive, and reinforces the growing industry recognition
for our top-tier agency partner experience.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI;
RELIW) 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’s 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, whilst reducing
back-office cost and burden. The Company’s 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 “brick and mortar” 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
https://www.relianceglobalgroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" 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 “may,” “should,”
“potential,” “continue,” “expects,” “anticipates,” “intends,”
“plans,” “believes,” “estimates,” and similar expressions.
Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors,
including those risk factors described in the Company’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2022, as
the same may be updated from time to time. 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.
Contact:
Crescendo Communications, LLC Tel: +1 (212) 671-1020 Email:
RELI@crescendo-ir.com
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