Company Reliance Global Group, Inc.

Equities

RELI

US75946W3060

Multiline Insurance & Brokers

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
0.266 USD -5.00% Intraday chart for Reliance Global Group, Inc. -4.35% -50.47%

Business Summary

Reliance Global Group, Inc. is engaged in managing assets in the insurance markets, as well as other related sectors. The Company is focused on acquisition strategy, initially and primarily focused upon wholesale and retail insurance agencies. The Company's insurance operation focuses on the acquisition and management of insurance agencies throughout the United States. Its primary focus is to undervalue wholesale and retail insurance agencies with operations in growing or underserved segments, including healthcare and Medicare, as well as personal and commercial insurance lines. The Company has also developed 5MinuteInsure.com (5MI), an online platform. 5MI is a business-to-consumer Website, which enables consumers to compare and purchase car and home insurance in a time-efficient and effective manner. The platform is primarily live in approximately 44 states and offers coverage with up to 16 carriers.

Number of employees: 67

Sales per Business

USD in Million2022Weight2023Weight Delta
Medical
78.8 %
15 88.8 % 11 78.8 % -27.25%
Property and Casualty
19.9 %
2 11.2 % 3 19.9 % +45.89%
Life
1.2 %
- - 0 1.2 % -

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
17 100.0 % 14 100.0 % -18.05%

Managers

Managers TitleAgeSince
Chief Executive Officer 68 18-09-20
Director of Finance/CFO 43 21-05-31
Chief Operating Officer - 22-04-27
Director/Board Member 36 18-09-20
Corporate Officer/Principal - -
Corporate Officer/Principal - 22-05-31
Corporate Officer/Principal - 21-11-21
Corporate Officer/Principal 41 17-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 68 18-09-20
Director/Board Member 63 19-12-11
Director/Board Member 36 18-09-20
Director/Board Member - 20-01-28
Director/Board Member 59 20-08-03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,692,387 5,028,832 ( 88.34 %) 0 88.34 %

Shareholders

NameEquities%Valuation
Yes Americana Group, LLC
10.72 %
512,736 10.72 % 174 330 $
Armistice Capital LLC
3.299 %
157,736 3.299 % 53 630 $
117,886 2.466 % 40 081 $
71,532 1.496 % 24 321 $
58,783 1.229 % 19 986 $
44,233 0.9252 % 15 039 $
Vanguard Group, Inc. (Subfiler)
0.8474 %
40,514 0.8474 % 13 775 $
38,177 0.7985 % 12 980 $
Citadel Securities GP LLC
0.7631 %
36,484 0.7631 % 12 405 $
36,477 0.7629 % 12 402 $
NameEquities%Valuation
Ayrton Capital LLC
-
97,818 - 6 847 $
Stifel, Nicolaus & Co., Inc.
-
21,200 - 1 484 $
JPMorgan Securities LLC
-
3,600 - 252 $

Company contact information

Reliance Global Group, Inc.

300 Boulevard of the Americas Suite 105

08701, Lakewood

+

http://www.relianceglobalgroup.com
address Reliance Global Group, Inc.(RELI)
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