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NEXT Insurance Renews Commitment to Small Businesses with Integrated Strategic Rebrand

Wednesday, September 15, 2021 - 4:14pm

"NEXT's commitment to small businesses is more than just a tagline on our website.

Key Points: 
  • "NEXT's commitment to small businesses is more than just a tagline on our website.
  • To bring this to life, NEXT partnered with local black and female-owned small businesses, independent musicians and other small business owners for activations to support its strategic rebrand.
  • Between the ongoing struggle of the legacy insurance industry's one-size-fits-all coverage and the immediate impact COVID-19 had on small businesses, NEXT's rebrand came at a critical time for small business owners.
  • NEXT Insurance is transforming small business insurance with simple, digital and affordable coverage tailored to the self-employed.

Reliance Global Group Announces Successful Launch of 5MinuteInsure.com

Monday, September 13, 2021 - 2:15pm

LAKEWOOD, NJ, Sept. 13, 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 Ohio, the first state in the Company’s planned nationwide rollout. 

Key Points: 
  • This is a major differentiating factor from lead generator comparison sites that compare non-binding quotes and often sell personal information to third-party providers.
  • Ezra Beyman, CEO of Reliance Global Group, commented, I am very pleased to announce the successful launch of 5MinuteInsure.com in Ohio.
  • 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 through 5MinuteInsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies.

NEXT Insurance Earns A- Excellent Credit Ratings from AM Best

Thursday, September 9, 2021 - 5:00pm

PALO ALTO, Calif., Sept. 9, 2021 /PRNewswire/ -- NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced that it is the first and only small business insurtech company to earn AM Best ratings of "A-" Excellent based on Financial Strength and Long-Term Issuer Credit.

Key Points: 
  • PALO ALTO, Calif., Sept. 9, 2021 /PRNewswire/ -- NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced that it is the first and only small business insurtech company to earn AM Best ratings of "A-" Excellent based on Financial Strength and Long-Term Issuer Credit.
  • AM Best is a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry and is highly respected by carriers, agents, investors, partners, and insurance customers as an authority on insurance carrier financial health.
  • Small business insurance is an underserved market historically dominated by large insurers who cater to big commercial customers or individual consumers.
  • NEXT Insurance is transforming small business insurance with simple, digital and affordable coverage tailored to the self-employed.

NEXT Announces Liquor Liability Insurance for Small Business Restaurant Owners

Thursday, September 2, 2021 - 4:00pm

PALO ALTO, Calif., Sept. 2, 2021 /PRNewswire/ -- NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced liquor liability coverage , which is available for restaurants as a part of NEXT's general liability coverage .

Key Points: 
  • PALO ALTO, Calif., Sept. 2, 2021 /PRNewswire/ -- NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced liquor liability coverage , which is available for restaurants as a part of NEXT's general liability coverage .
  • As consumer demand for dining out continues, liquor liability can protect restaurant small business owners whether they're serving alcohol to customers tableside or offering drinks to go.
  • L iquor liability insurance is bundled with general liability insurance starting at an additional $150 per month for comprehensive and affordable coverage.
  • NEXT Insurance is transforming small business insurance with simple, digital and affordable coverage tailored to the self-employed.

Reliance Global Group Reports 33.4% Increase in Revenue for the Second Quarter of 2021

Tuesday, August 17, 2021 - 12:30pm

LAKEWOOD, N.J., Aug. 17, 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 provided a business update and reported financial results for the second quarter ended June 30, 2021.

Key Points: 
  • Ezra Beyman, CEO of Reliance Global Group, commented, I am pleased to report that our revenue for the second quarter of 2021 increased by approximately 33.4% to $2.2 million versus $1.6 million for the same period last year.
  • Each of these agencies provide a long term, highly predictable and profitable revenue stream based on the expected life of the insurance policies.
  • Loss from operations for the six months ended June 30, 2021 was $1,589,645, compared to $1,832,961 for the six months ended June 30, 2020.
  • Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is combining advanced technologies, with the personalized experience of a traditional insurance agency model.

NEXT Insurance Participates in Amazon Insurance Accelerator

Tuesday, August 10, 2021 - 5:01am

PALO ALTO, Calif., Aug. 10, 2021 /PRNewswire/ -- NEXT Insurance , the leading digital insurtech company transforming small business insurance, today announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates, directly within Amazon Seller Central.

Key Points: 
  • PALO ALTO, Calif., Aug. 10, 2021 /PRNewswire/ -- NEXT Insurance , the leading digital insurtech company transforming small business insurance, today announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates, directly within Amazon Seller Central.
  • Today, through Amazon Insurance Accelerator, sellers can seamlessly purchase NEXT's affordable and customized insurance coverage for a simple, frictionless experience.
  • Through Amazon Insurance Accelerator, third-party sellers on Amazon will be referred to NEXT's online application directly from their account.
  • To further support small business owners, NEXT is offering an exclusive 10% discount on General Liability insurance for Amazon third-party sellers.

What Types Of Vehicles Are Not Insured By Standard Carriers

Wednesday, August 1, 2018 - 9:00pm

The huge variety of vehicles means that not all of them can be insured by a standard carrier.

Key Points: 
  • The huge variety of vehicles means that not all of them can be insured by a standard carrier.
  • Many insurance companies do not provide coverage to companies and individuals that garage their vehicles in certain areas.
  • Double-deckers and wheelchair buses are just 2 examples, but there are many types of transport vehicles which will not be insured by standard carriers.
  • "Not all vehicles can be insured by standard insurance companies.