Reliance Global Group, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ezra Beyman
- Full Time Employees
- 64
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- Address
- 300 Boulevard of the Americas Lakewood NJ United States of America 08701
- IPO Date
- Feb 9, 2021
- CIK
- 0001812727
- Website
- relianceglobalgroup.com
- Similar Companies
- Business
- Reliance Global Group, Inc. (Nasdaq: RELI) operates as an InsurTech holding company focused on the acquisition, management, and digital transformation of wholesale and retail insurance agencies in the United States. The company provides agency services for a range of insurance products, including healthcare and Medicare coverage; personal lines such as auto, home, and life insurance; commercial lines encompassing property, casualty, liability, and trucking insurance; and insurance brokerage services; through its RELI Exchange business-to-business platform, which offers independent agents AI-powered tools, cloud-based technologies, business development resources, advanced client service centers, and an agency partner network; as well as its 5minuteinsure.com business-to-consumer platform, which delivers competitive online quotes for auto, home, and life insurance using AI and data mining; alongside a portfolio of select brick-and-mortar retail agencies serving regional markets. Incorporated in 2013 and headquartered in Lakewood, New Jersey, Reliance Global Group pursues growth through organic expansion of its RELI Exchange network and strategic acquisitions of undervalued agencies in underserved segments. In recent developments, the company completed the sale of its Fortman Insurance subsidiary in 2025 for $5 million, generating a $3 million gain and enabling a 50% reduction in long-term debt while redirecting capital to higher-margin segments; signed a letter of intent to acquire Spetner Associates, a high-growth insurance platform projected to double annual revenue to approximately $28 million and add over $4 million in adjusted EBITDA; expanded RELI Exchange with enhanced client service capabilities and product offerings; and launched a Digital Asset Treasury initiative, approving up to $120 million in investments phased across Bitcoin, Ethereum, Solana, and Cardano, complemented by a new Crypto Advisory Board and plans for tokenized insurance assets leveraging its AI and fintech expertise.
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Reliance Global Group, Inc. (RELI) Q3 2025 Earnings Call Transcript
Reliance Global Group Reports Third Quarter 2025 Financial Results and Provides Business Update; Strengthens Core Platform and Financial Position
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Reliance Global Group (RELI) Completes Initial Cardano (ADA) Purchase Under Digital Asset Treasury Initiative
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