GlobeNewswire Inc | Nov 16, 2021 08:30AM EST

November 16, 2021

Coverage now spans 6 states with more states to follow

LAKEWOOD, NJ, Nov. 16, 2021 (GLOBE NEWSWIRE) -- viaNewMediaWire --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 launched5MinuteInsure.comin Virginia.

Ezra Beyman, CEO of Reliance Global Group, commented, We are very pleased to extend our 5MinuteInsure.com offerings to the people of Virginia following yesterdays launch in Tennessee. Weve been moving very quickly with the national rollout, which will coincide with multiple strategic marketing tracks for short-term as well long-term client acquisition with a minimum acquisition cost per client. When consumers shop for insurance, the first thing they should think of is 5MinuteInsure.com.

5MinuteInsure.com is a platform developed by Reliance Global that provides an easy and efficient way to shop and buy 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 availablehere.

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 Groups 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, LLCTel: +1 (212) 671-1020Email:RELI@crescendo-ir.com