Reli people

TurningPoint on winning team to continue support for the Centers for Medicare & Medicaid Services (CMS) NATIONAL PLAN AND PROVIDER ENUMERATION SYSTEM (NPPES)

Retrieved on: 
Thursday, October 22, 2020
Articles, Business, Economy, Rockville, Maryland, Subcontractor, Small business, Reli people

TurningPoint has been the prime contractor for NPPES since 2015, when the program was set aside for small businesses.

Key Points: 
  • TurningPoint has been the prime contractor for NPPES since 2015, when the program was set aside for small businesses.
  • Instead, TurningPoint joined RELI Group, a growing and proven CMS small business vendor, as a significant subcontractor.
  • The team offered the Center for Program Integrity (CPI) a high value, low-risk solution for the mission-critical NPPES program.
  • Headquartered in Rockville, MD, TurningPoint provides software engineering and professional IT services for a diversified group of commercial, state, and federal customers.

Reliance Global Group Acquires Premier Regional Transportation Insurance Agency

Retrieved on: 
Wednesday, September 23, 2020
Insurance, Reliance, OTC Markets Group, Reli people

LAKEWOOD, NJ, Sept. 23, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire --Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has acquired the assets of UIS Agency, LLC (UIS), a premier regional insurance agency serving the commercial transportation industry.

Key Points: 
  • LAKEWOOD, NJ, Sept. 23, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire --Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has acquired the assets of UIS Agency, LLC (UIS), a premier regional insurance agency serving the commercial transportation industry.
  • Ezra Beyman, CEO of Reliance Global Group, stated, "UIS is a perfect addition to our insurance agency portfolio, as they complement our existing holdings, which includes auto transport/towing, and commercial transportation insurance.
  • Premium rates in the transportation sector have increased steadily in recent years, driven primarily by the trucking segment.
  • Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors.

Reliance Global Group Announces LOI to Acquire National Insurance Agency With Over 145 Affiliated Offices Across 40 States

Retrieved on: 
Wednesday, September 9, 2020
Marketing, Journalism, News agency, Print syndication, Target Corporation, Reli people, OTC Markets Group, LOI, Reliance, Premium, Retailing, Retailers

LAKEWOOD, N.J., Sept. 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced a fully executed letter of intent (LOI) to acquire a national insurance agency.

Key Points: 
  • LAKEWOOD, N.J., Sept. 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced a fully executed letter of intent (LOI) to acquire a national insurance agency.
  • Ezra Beyman, CEO of Reliance Global Group, stated, "We are excited to announce this planned acquisition, which we believe will be a true game changer for our business.
  • Specifically, the target agency reports over 145 affiliated offices in approximately 40 states nationwide.
  • The target agency has experienced steady organic growth and is generating over $150 million in recurring annual premiums.

Reliance Global Group Provides Business Update and Files Financial Statements for the Second Quarter of 2020

Retrieved on: 
Friday, August 14, 2020
OTC Markets Group, Reli people, Reliance

LAKEWOOD, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today provided a business update for the second quarter of 2020.

Key Points: 
  • LAKEWOOD, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today provided a business update for the second quarter of 2020.
  • The complete financials for the second quarter of 2020 have been filed with OTC Markets and are available at OTCMarkets.com.
  • Ezra Beyman, CEO of Reliance Global Group, stated, "As previously announced, we achieved solid year-over-year growth for the second quarter of 2020, reflecting the strength of our insurance agencies, despite the impact of the pandemic.
  • All forward-looking statements speak only as of the date of this press release.

Reliance Global Group Announces Filing of Form 10; Now a Fully Reporting Company with the Securities & Exchange Commission

Retrieved on: 
Tuesday, June 23, 2020
Stock market, OTC Markets Group, Security, U.S. Securities and Exchange Commission, Reli people, Finance, Money

LAKEWOOD, N.J., June 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has filed its Form 10 with the Securities & Exchange Commission .

Key Points: 
  • LAKEWOOD, N.J., June 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has filed its Form 10 with the Securities & Exchange Commission .
  • Ezra Beyman, CEO of Reliance Global Group, stated, The filing of our Form 10 is an important milestone for the Company.
  • First, as a fully reporting company, we have the opportunity to attract a broader universe of institutional and other investors.
  • Second, this is an important step towards our ultimate goal of listing on a national exchange.

Reliance Global Group Reports Five-Fold Increase in Revenue to $2 Million for the First Quarter of 2020

Retrieved on: 
Friday, June 12, 2020
Economy, Service industries, Finance, Mazars, Reli people, Reliance, OTC Markets Group, Pandemic, Insurance

LAKEWOOD, N.J., June 12, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported financial results, that were reviewed by Mazars, for the first quarter of 2020.

Key Points: 
  • LAKEWOOD, N.J., June 12, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported financial results, that were reviewed by Mazars, for the first quarter of 2020.
  • Ezra Beyman, CEO of Reliance Global Group, stated, I am pleased to report revenue for the first quarter of 2020 increased five-fold to $2.0 million versus $366,000 for the same period last year.
  • Heading into the second quarter, our insurance agencies continue to perform well despite the ongoing pandemic.
  • We believe this illustrates of the stability and growth potential of the insurance agency business in nearly any market environment.

Reliance Global Group Appoints David Lazar to Board of Directors

Retrieved on: 
Monday, May 18, 2020
OTC Markets Group, Reli people

LAKEWOOD, NJ, May 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company") today announced the appointment of David Lazar as an independent member of the Companys Board of Directors.

Key Points: 
  • LAKEWOOD, NJ, May 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company") today announced the appointment of David Lazar as an independent member of the Companys Board of Directors.
  • As a result, the Board of Directors has increased to 5 members, including 3 independent directors, thereby meeting the independence requirements for a national exchange.
  • Mr. Lazar is currently the CEO of both Custodian Ventures LLC & Activist Investing LLC, which specialize in reverse merger and other event-driven opportunities.
  • Ezra Beyman, CEO of Reliance Global Group, stated, We are delighted to welcome David to the Board.

Reliance Global Group Completes 2019 Audit; Pro Forma Consolidated Revenue Increases More Than Four-Fold

Retrieved on: 
Thursday, May 7, 2020
OTC Markets Group, Reli people, Reliance

LAKEWOOD, NJ, May 07, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the 2019 audit, including its wholly owned subsidiaries.

Key Points: 
  • LAKEWOOD, NJ, May 07, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the 2019 audit, including its wholly owned subsidiaries.
  • Ezra Beyman, CEO of Reliance Global Group, stated, The filing of our 2019 audited financial results is an important milestone, and reflects the consolidated results of our recent acquisitions.
  • Moreover, our total assets increased to approximately $17 million as of December 31, 2019 compared to $2.5 million as of December 31, 2018.
  • Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors.

Reliance Global Group Completes Audit of Fortman Insurance Agency

Retrieved on: 
Friday, March 27, 2020
Economy, Finance, Money, Reliance, Reli people, OTC Markets Group, Insurance

LAKEWOOD, NJ, March 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the audit of its wholly owned Fortman Insurance Agency subsidiary (Fortman).

Key Points: 
  • LAKEWOOD, NJ, March 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the audit of its wholly owned Fortman Insurance Agency subsidiary (Fortman).
  • The 2017 and 2018 financial results for Fortman Insurance, which precede the acquisition by Reliance, will be posted on the Companys website.
  • Ezra Beyman, CEO of Reliance Global Group, stated, We are delivering on our promise by completing the audits for each of our subsidiaries.
  • Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors.

Reliance Global Group Completes Audit of Southwestern Montana Insurance

Retrieved on: 
Thursday, March 19, 2020
Economy, Finance, Money, Reliance, Reli people, Insurance, OTC Markets Group

LAKEWOOD, N.J., March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the audit of its wholly owned Southwestern Montana Insurance subsidiary.

Key Points: 
  • LAKEWOOD, N.J., March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the audit of its wholly owned Southwestern Montana Insurance subsidiary.
  • Ezra Beyman, CEO of Reliance Global Group, stated, We are making rapid progress in completing the audits for each of our subsidiaries.
  • The 2017 and 2018 financial results for Southwestern Montana Insurance, which precedes our acquisition, have now been posted on our website.
  • Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors.