Reliance Global Group Launches RELI Auto Leasing—Delivering ANY Vehicle to ANY Location in the United States
Reliance Global Group (NASDAQ: RELI) has launched RELI Auto Leasing, a new service enabling RELI Exchange Agency Partners to offer vehicle leasing nationwide with delivery to any location in the United States. The initiative allows insurance agents to earn commissions on both lease agreements and residual insurance policies.
Through the agent dashboard, partners can connect clients with leasing options without requiring specialized auto leasing training. The service integrates with RELI's existing insurance business, allowing agents to help clients project how different vehicles will impact their insurance premiums before making a decision.
The platform aims to strengthen client relationships by combining auto leasing and insurance services, providing a comprehensive solution for customers while creating additional revenue streams for agency partners. The service features competitive pricing and a wide selection of vehicles available for delivery across the U.S.
Reliance Global Group (NASDAQ: RELI) ha lanciato RELI Auto Leasing, un nuovo servizio che consente ai partner dell'agenzia RELI Exchange di offrire leasing di veicoli a livello nazionale con consegna in qualsiasi luogo negli Stati Uniti. L'iniziativa consente agli agenti assicurativi di guadagnare commissioni sia sugli accordi di leasing che sulle polizze assicurative residue.
Attraverso il cruscotto per gli agenti, i partner possono collegare i clienti con opzioni di leasing senza richiedere una formazione specializzata nel leasing auto. Il servizio si integra con l'attività assicurativa esistente di RELI, consentendo agli agenti di aiutare i clienti a proiettare come diversi veicoli influenzeranno i loro premi assicurativi prima di prendere una decisione.
La piattaforma mira a rafforzare le relazioni con i clienti combinando leasing auto e servizi assicurativi, fornendo una soluzione completa per i clienti e creando al contempo ulteriori flussi di entrate per i partner dell'agenzia. Il servizio offre prezzi competitivi e una vasta selezione di veicoli disponibili per la consegna in tutto il territorio degli Stati Uniti.
Reliance Global Group (NASDAQ: RELI) ha lanzado RELI Auto Leasing, un nuevo servicio que permite a los socios de la agencia RELI Exchange ofrecer arrendamiento de vehículos a nivel nacional con entrega en cualquier ubicación de los Estados Unidos. La iniciativa permite a los agentes de seguros ganar comisiones tanto en los contratos de arrendamiento como en las pólizas de seguro residual.
A través del panel de control para agentes, los socios pueden conectar a los clientes con opciones de arrendamiento sin necesidad de formación especializada en arrendamiento de automóviles. El servicio se integra con el negocio de seguros existente de RELI, permitiendo a los agentes ayudar a los clientes a proyectar cómo diferentes vehículos afectarán sus primas de seguro antes de tomar una decisión.
La plataforma tiene como objetivo fortalecer las relaciones con los clientes al combinar servicios de arrendamiento de automóviles y seguros, proporcionando una solución integral para los clientes mientras crea flujos de ingresos adicionales para los socios de la agencia. El servicio cuenta con precios competitivos y una amplia selección de vehículos disponibles para entrega en todo EE. UU.
Reliance Global Group (NASDAQ: RELI)는 RELI Auto Leasing을 출시했습니다. 이 새로운 서비스는 RELI Exchange 에이전시 파트너가 미국 전역에 차량 리스를 제공하고 원하는 장소로 배송할 수 있도록 합니다. 이 이니셔티브는 보험 대리인이 리스 계약과 잔여 보험 정책 모두에서 수수료를 받을 수 있게 합니다.
대리인 대시보드를 통해 파트너는 전문 자동차 리스 교육 없이도 고객과 리스 옵션을 연결할 수 있습니다. 이 서비스는 RELI의 기존 보험 비즈니스와 통합되어, 대리인이 고객이 결정을 내리기 전에 다양한 차량이 보험료에 미치는 영향을 예측하는 데 도움을 줄 수 있습니다.
이 플랫폼은 자동차 리스와 보험 서비스를 결합하여 고객 관계를 강화하고, 고객에게 포괄적인 솔루션을 제공하며, 에이전시 파트너를 위한 추가 수익원을 창출하는 것을 목표로 합니다. 이 서비스는 경쟁력 있는 가격과 미국 전역에서 배송 가능한 다양한 차량을 제공합니다.
Reliance Global Group (NASDAQ: RELI) a lancé RELI Auto Leasing, un nouveau service permettant aux partenaires de l'agence RELI Exchange d'offrir des locations de véhicules à l'échelle nationale avec livraison à tout endroit aux États-Unis. Cette initiative permet aux agents d'assurance de gagner des commissions sur les contrats de location ainsi que sur les polices d'assurance résiduelles.
Grâce au tableau de bord des agents, les partenaires peuvent connecter les clients avec des options de location sans nécessiter de formation spécialisée en location automobile. Le service s'intègre à l'activité d'assurance existante de RELI, permettant aux agents d'aider les clients à projeter comment différents véhicules affecteront leurs primes d'assurance avant de prendre une décision.
La plateforme vise à renforcer les relations avec les clients en combinant les services de location automobile et d'assurance, offrant une solution complète aux clients tout en créant des flux de revenus supplémentaires pour les partenaires d'agence. Le service propose des prix compétitifs et une large sélection de véhicules disponibles pour livraison à travers les États-Unis.
Reliance Global Group (NASDAQ: RELI) hat RELI Auto Leasing gestartet, einen neuen Service, der es den Partnern der RELI Exchange-Agentur ermöglicht, Fahrzeugleasing landesweit anzubieten und die Fahrzeuge an jeden Ort in den Vereinigten Staaten zu liefern. Die Initiative ermöglicht es Versicherungsvertretern, Provisionen sowohl für Leasingverträge als auch für Restversicherungen zu verdienen.
Über das Agenten-Dashboard können Partner Kunden mit Leasingoptionen verbinden, ohne dass eine spezielle Ausbildung im Fahrzeugleasing erforderlich ist. Der Service integriert sich in das bestehende Versicherungsgeschäft von RELI und ermöglicht es den Vertretern, den Kunden zu helfen, wie sich verschiedene Fahrzeuge auf ihre Versicherungsprämien auswirken, bevor sie eine Entscheidung treffen.
Die Plattform zielt darauf ab, die Kundenbeziehungen zu stärken, indem sie Fahrzeugleasing und Versicherungsdienstleistungen kombiniert und den Kunden eine umfassende Lösung bietet, während sie zusätzliche Einnahmequellen für die Agenturpartner schafft. Der Service bietet wettbewerbsfähige Preise und eine große Auswahl an Fahrzeugen, die in den gesamten USA geliefert werden können.
- New revenue stream for agents through dual commissions on leases and insurance policies
- Nationwide vehicle delivery service expands market reach
- Integration with existing agent dashboard streamlines operations
- Premium projection feature helps prevent unexpected insurance cost increases
- None.
Insights
Reliance Global Group's launch of RELI Auto Leasing represents a strategic diversification that expands their revenue potential without straying from their core insurance focus. This new offering creates dual commission opportunities for RELI Exchange Agency Partners - earning from both the lease transactions and associated insurance policies.
The move is financially astute for several reasons. First, it leverages RELI's existing agency network and technology infrastructure with minimal additional investment. Second, it addresses a natural adjacency to insurance (vehicle acquisition) that occurs at high-value customer touchpoints like accidents or policy renewals. Third, it potentially increases customer lifetime value by deepening agency-client relationships.
What's particularly noteworthy is how this offering enhances RELI's competitive positioning. Independent insurance agents face growing pressure from digital disruptors and direct-to-consumer models. By providing these agents with additional revenue streams and client value propositions, RELI strengthens their partner ecosystem while creating stickier relationships with both agents and end customers.
The company hasn't provided specific revenue projections, but the initiative demonstrates management's focus on expanding their ecosystem in ways that reinforce their core business model rather than distracting from it. This approach to growth - building complementary services around their insurance technology platform - suggests a disciplined expansion strategy.
RELI's auto leasing initiative demonstrates intelligent platform thinking - expanding their ecosystem to capture value from adjacent transactions. By enabling insurance agents to offer vehicle leasing while earning commissions on both the lease and insurance, they're creating a closed-loop system that keeps more customer interactions and revenue opportunities within their network.
The implementation appears operationally sound. Rather than requiring agents to develop leasing expertise, RELI handles the complexity behind the scenes through their dashboard integration. This low-friction approach should drive higher adoption rates among agency partners who might otherwise be hesitant to venture beyond their insurance comfort zone.
The nationwide delivery capability addresses a significant pain point in traditional auto leasing - local inventory and geographical constraints. This feature positions RELI Auto Leasing as potentially disruptive in the leasing market while simultaneously strengthening their insurance business.
From a customer perspective, the integration of insurance considerations into the vehicle selection process creates genuine value. The ability to forecast insurance premium impacts before vehicle selection addresses a common customer frustration (post-purchase premium surprises) while encouraging insurance-conscious vehicle choices.
This move aligns with broader industry trends toward bundled services and one-stop solutions. For RELI, it represents a thoughtful application of their technology platform to create differentiation in a highly competitive insurance marketplace while opening new revenue channels.
New Offering Provides Unmatched Convenience for Customers and Creates Additional Revenue Opportunities for RELI Exchange Agency Partners
LAKEWOOD, NJ, March 19, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced the launch of RELI Auto Leasing, a groundbreaking service that enables RELI Exchange Agency Partners to seamlessly offer vehicle leasing to their clients while earning commissions on both the lease and the residual insurance policy. This innovative initiative reinforces the Company’s commitment to expanding revenue opportunities for agency partners while maintaining a strong focus on insurance services.
Home and auto policies are the core products of personal lines insurance. When clients seek a new vehicle, their insurance agent is often part of the discussion, advising on coverage options and facilitating policy transitions. After a vehicular accident, clients often look toward their insurance agent to discuss how to approach their replacement vehicle. Using our newly launched RELI Auto Leasing, insurance agents can now connect clients to vehicle leasing options without stepping outside their core business.
“One of the most important aspects of RELI Auto Leasing, is that our agency partners can earn more commissions without becoming trained in auto leasing. Instead, the agency partner seamlessly connects their clients with our trusted leasing partners from within their agent dashboard,” said Ezra Beyman, Chairman and CEO of Reliance Global Group. “This initiative is a game-changer for independent agents, enabling them to offer an added service without losing focus on their core insurance business. By incorporating auto leasing into client conversations, agents not only enhance their value proposition but also unlock new revenue streams that complement their existing insurance offerings. The leasing pricing is both competitive and convenient, making it an attractive choice for clients exploring vehicle lease options. Our agency partners have provided outstanding feedback on our advanced Insurtech white-labelled quoting engine and CRM, positioning RELI Exchange as the obvious choice as an insurance partner. We believe this additional path of revenue for our agency partners furthers our positive differentiator in the insurance industry.”
Clients benefit from a wide selection of vehicles, all available for delivery anywhere in the U.S., offering unmatched convenience. Whether seeking a new lease or upgrading a current vehicle, clients are now able to enjoy a streamlined process with guidance from a trusted insurance advisor. By bridging the gap between auto leasing and insurance, RELI Exchange empowers agency partners to deepen client relationships, foster long-term loyalty, and generate additional income—without added complexity.
Moshe Fishman, Director of Insurtech and Operations said, “RELI Auto Leasing is another win for our RELI Exchange Agency Partners, enabling them to strengthen their client relationships while earning additional commissions. When consumers are in the market for a new car, they often overlook how the make and model of their new car can impact their auto insurance premium. When clients include their RELI Exchange agency partner in the car buying process, they can project the effect that each car will have to their insurance premium. This proactive approach eliminates the surprise that happens all too often in the industry when someone gets a new car, only to learn later that their insurance premium increased far more than anticipated. We are proud that RELI Exchange agency partners are adding even more peace of mind to their clients.”
“Our vision for RELI Exchange has always been to maximize opportunities for our agency partners by providing a comprehensive suite of solutions aligned with their business model,” added Mr. Beyman. “RELI Auto Leasing is another step in our commitment to innovation—empowering independent agents to compete on a national scale through technology and strategic partnerships. As we continue expanding our ecosystem, we remain dedicated to delivering cutting-edge tools and services that drive success for our partners while enhancing the customer experience.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI) 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, while 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 and include statements such as the Company having built a best-in-class InsurTech platform, making RELI Exchange an even more compelling value proposition and further accelerating growth of the platform, rolling out several other services in the near future to RELI Exchange agency partners, building RELI Exchange into the largest agency partner network in the U.S., the Company moving in the right direction and the Company’s highly scalable business model driving significant shareholder value. 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 ,and risks and uncertainties related to the Company’s ability to generate the revenue anticipated and the ability to build the RELI Exchange into the largest agency partner network in the U.S., and the other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as the same may be updated from time to time. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the Company’s Quarterly Reports on Form 10-Q, the Company’s Current Reports on Form 8-K and subsequent filings with the Securities and Exchange Commission. 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
What is RELI Auto Leasing's nationwide delivery service?
How do RELI Exchange agents earn additional revenue through the auto leasing program?
What advantages does RELI Auto Leasing offer to insurance clients?
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