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Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in South Carolina

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Reliance Global Group (Nasdaq: RELI; RELIW) has launched 5MinuteInsure.com in South Carolina, now live in 8 states with a total population exceeding 65 million. The platform utilizes AI and data mining to offer competitive insurance quotes in under 2 minutes, allowing consumers to bind coverage within 5 minutes. This initiative aims to provide a fast and efficient way for consumers to save on insurance amid rising inflation. The company continues to expand its digital presence and innovative services.

Positive
  • 5MinuteInsure.com is now operational in 8 states, reaching over 65 million consumers.
  • The platform offers competitive insurance quotes in under 2 minutes and allows binding coverage in 5 minutes.
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  • None.

5MinuteInsure.com is now live in 8 states across the U.S. with a combined population of over 65 million

LAKEWOOD, N.J., Nov. 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that it has successfully launched 5MinuteInsure.com in South Carolina.

Ezra Beyman, CEO of Reliance Global Group, commented, “Following our launch in South Carolina, we are now live in 8 states, with a combined population of over 65 million people.  As consumers start to experience the pain of inflation, we encourage them to visit 5MinuteInsure.com, which is a fast and easy way to save money on insurance!”

5MinuteInsure.com is a platform developed by Reliance Global that provides an easy and efficient way to compare and purchase insurance. Using artificial intelligence and data mining, 5MinuteInsure.com provides consumers with competitive insurance quotes in under 2 minutes, with the ability to bind coverage within 5 minutes. Consumers can compare live quotes for auto insurance between multiple carriers as well as instantly purchase coverage on the same single platform. A video overview of the platform is available here.

About Reliance Global Group, Inc.

Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is combining advanced technologies, with the personalized experience of a traditional insurance agency model. Reliance Global Group’s growth strategy includes both an organic expansion, including 5MinuteInsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies.  Additional information about the Company is available 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. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. 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


FAQ

When did Reliance Global Group launch 5MinuteInsure.com in South Carolina?

Reliance Global Group launched 5MinuteInsure.com in South Carolina on November 18, 2021.

What states is 5MinuteInsure.com currently live in?

5MinuteInsure.com is live in 8 states across the U.S.

How does 5MinuteInsure.com help consumers save on insurance?

5MinuteInsure.com uses AI and data mining to provide competitive insurance quotes quickly, allowing consumers to purchase coverage efficiently.

What is the population covered by 5MinuteInsure.com?

5MinuteInsure.com covers a combined population of over 65 million people in the states where it operates.

What technologies does Reliance Global Group utilize in its services?

Reliance Global Group leverages AI and cloud-based technologies along with the traditional insurance agency model.

Reliance Global Group, Inc.

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