1 Followers USX:RELI - Reliance Global Group Inc Reliance Global Group Inc
Sector: Financials, Industry: Insurance Brokers
Next Earnings: 16 May 2024
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USD 0.278    -0.055 (-16.52%)

15 Apr 2024


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General

CEO: Mr. Ezra Beyman

IPO: 2016-02-02

Headquarters: US

Employees: 78

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Description

Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. The company generates revenue in the form of commissions.

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