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Reliance Global Group ( (RELI) ) has provided an update.
On February 18, 2025, Reliance Global Group announced the expansion of its Commercial Quote & Bind InsurTech solution on RELI Exchange, following a successful beta launch. This expansion includes more carriers and product offerings, aiming to enhance the capabilities of independent agents by providing tools to increase efficiency and business growth. The move is part of the company’s strategy to maintain its position as a leading InsurTech provider by continuously integrating strategic technology and expanding its network, thereby optimizing the insurance purchasing experience.
More about Reliance Global Group
Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer utilizing artificial intelligence and cloud-based technologies to enhance efficiencies in the insurance agency and brokerage industry. The company’s RELI Exchange platform offers tools for independent insurance agencies to compete with large national agencies while reducing operational costs. Additionally, their consumer platform, 5minuteinsure.com, provides quick online insurance quotes.
YTD Price Performance: -43.73%
Average Trading Volume: 2,025,944
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.84M
For an in-depth examination of RELI stock, go to TipRanks’ Stock Analysis page.