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Reliance Global Announces Strategic Partnership and Investment Into NSURE, Inc., America's lst Licensed Digital Insurance Age… InvestorsHub NewsWire - 2/20/2020 10: 18: 19 AM

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Reliance Global Announces Strategic Investment and Partnership Into NSURE, Inc., America’s lst Licensed Digital Insurance Agency

Nsure.com poised to interrupt $340 billion household and automobile insurance policies industry

LAKEWOOD, NJ – February 20, 2020 – InvestorsHub NewsWire – Reliance Global Group, Inc. (OTCQB: RELI) (“Reliance” or perhaps the “Company”), these days released so it has formed a proper union with Nsure, Inc. (“Nsure.com”), America’s first qualified digital insurance agency, and possesses consummated a $1 mil immediate investment which represents the earliest in a number of designed investment strategies, likely to full $20 zillion, from which time, Reliance Global Group would personal 35Per cent of Nsure.com by having an substitute for obtain an extra 5Percent, carrying the complete to 40Per cent of Nsure.com. In experience of the ideal relationship, Nsure.com will give back again-conclusion assistance for Reliance’s service organization, which can be likely to travel essential cost and productivity reductions.

Nsure.com is a accredited on the internet insurance protection agency that uses state-of-the-art online technology and signifies more than 30 best-rated insurers. Nsure.com’s quest should be to empower insurance protection shoppers by aiding them pick the right companies and policies. Nsure.com provides a repeating income model that features twelve-monthly commission rates on all insurance plans, as well as renewals. Nsure.com at the moment performs within just the state Florida with intends to extend countrywide through the proper collaboration with RELI. Key advantages of the Nsure.com foundation consist of:

Simplified app approach - Nsure.com functions unnatural knowledge as well as other sophisticated technologies to mine numerous records resources and automatic-fill tricky insurance policy programs, e.g. household properties: building kind, roof structure form, private equity (relationshipscience.com) roof structure covering up, groundwork type, flood sector, and many more.

Real-time exposure to in excess of 30 leading-scored providers permits consumers to transparently review genuine, not predicted, prices from several insurance providers part-by-aspect.

Instant exact insurance policy coverage recommendations for car and property insurance policies, providing customers trust they are not beneath or older-protected.

In-house insurance plan shopping for/insurance plan binding features means no redirection to other sites and opportunity to complete buying on Nsure.com in as little as 5 minutes.

Free and acquire consideration makes it possible for 24/7 admission to other, insurance plans and prices files.

Nsure.com automatically notifies shoppers regarding the most effective offers on the market before their policy runs out.

Nsure.com includes a staff of licensed insurance plan agents on the market to solution any questions, and guide customers over the states method. Somewhat professional professionals conditioned to guide prospects with any insurance protection query.

Ezra Beyman, CEO of Reliance Global Group, said, “We consider this strategic investment and relationship with Nsure.com is a transformative event for the Company for 2 essential motives. First, we think our home equity investment decision into Nsure.com gets the potential to drive enormous worth for your shareholders. Being in the leading collections of your insurance plan firm company, we notice that this is usually a market ripe for interference like many industrial sectors right before, including shopping online, on the internet holiday, and many more. However, considering the natural regulatory hurdles, the insurance policy business continues to be gradual to adapt—until now. We conducted substantial homework into Nsure.com, and believe their engineering deals with all the critical difficulties necessary for purchaser adoption. Nsure.com has continued to evolve proprietary systems that makes it simple and easy , rapid for consumers to compare and acquire insurance policy on the net, which allows these people to keep money and time. The Usa personalized house and automobile insurance industry is valued at roughly $340 billion dollars in once-a-year payments and over $34 billion in continuing once-a-year insurance plan agency profits. We approximate a simple 10% of the market is now on-line. Like this market place migrates from off the internet to on the net, we think Nsure.com will likely be the main thing on the market. Moreover, the current insurance policy acquiring processes is time consuming and does not have transparency. It happens to be approximated that Americans overspend for their house and auto insurance by $30 billion yearly. The majority of the current websites on the internet are just guide generators, which lead to phony insurance rates, continuous spammy and competitive sales pitches. Consumers are searhing for somebody site they can confidence. This is why, we look forward to performing tightly with Nsure.com that will help foster their good results and generate worth both for shoppers and our shareholders.

“The following crucial benefit from this procedure is the fact we shall now have the ability to employ Nsure.com’s exclusive backend handling technology to help with our regular firm organization. Specifically, we are able to center on developing profits, by obtaining typical ‘offline’ auto and house organizations, although Nsure.com can more cost correctly program the attained policies. By putting into action man-made intellect, robotic operation automation (RPA) and automated buying finest rates at renewals, we know we can easily dramatically decrease costs, and let our products to target offering new insurance policies, building a digitally empowered and scalable insurance service design. Through extended MAndA of cash supply constructive and accretive investment, we look ahead to easily developing our community countrywide. We think the very competitive pros supplied by aligning with Nsure.com will help and support our increased drive and advancement significant value production.”

“Our Florida customers like Nsure.com on account of the excellent ‘Amazon-like’ insurance coverage browsing knowledge. This prepared $20M funding from Reliance will be utilized to power Nsure.com’s countrywide extension, with a intention to create a very good appearance in sells protecting over 80Percent of U.S. populace by the end of 2021,” explained Wojtek Gudaszewski, CEO of Nsure.com. “This investment relationship can be appropriate, being the insurance policies field is experiencing speedy transformation. In line with FT Partners report, in 2019 whole financings around the insurance policies technological innovation sector achieved $4.4 billion, symbolizing 76Percent advancement above the identical period during the past year. Brands like Hippo Root, Soda and pop and Insurance coverage have each individual surpassed $1 billion dollars valuations. We look forward to deploying this investment capital in the direction of accelerating item advancement, increasing our company, creating relationships with home loan originators and obtaining clients.”

About Nsure.com

Situated in Florida, Nsure.com would be the first all-online licensed insurance protection bureau that delivers automotive and home insurance through its protect web page. Using the most advanced data technologies to trace up-to-the-min, real, not expected, quotes from over two dozens insurance companies, Nsure.com helps consumers to take comprehensive management of the insurance policy buying process on their own cell phones, pcs and capsules. The company's system delivers a hassle-free of charge working experience, from the efficient app approach and fast quotations to no income pitches in addition to a easy revival process that immediately updates quotes just in advance of expiration to make sure that shoppers can make use of the most effective coverage and fees attainable.

About Reliance Global Group, Inc.

Reliance Global Group, Inc. (OTCQB: RELI) is continuing to move forward featuring its objective to run being a keeping corporation for a lot of providers in real estate, insurance policies brokerage service, and essentially other areas. RELI's aim has become to increase the firm by seeking an aggressive development technique of acquisition prospects, like equally properties and insurance companies. Insurance businesses, instead of insurance carriers, keep no insurance danger. The Company is controlled by Reliance Global Holdings, LLC, a fresh York-structured restricted responsibility provider, which is the proprietor and operator of numerous firms with primary hobbies and interests devoted to genuine insurance policy and property brokerage firm.

Forward-Looking Statements

This mass media discharge consists of frontward-looking phrases from the meaning of the “protected harbour” procedures with the Private Securities Litigation Reform Act of 1995. Statements apart from claims of famous information included in this push relieve could comprise in front-seeking phrases and are not ensures of long term results, situation or final results and include several uncertainties and risks. Actual outcomes may differ materially from individuals in the in front-appearing assertions on account of a variety of factors, as well as those described from time to time in the filings while using Securities and Exchange Commission and somewhere else. The Firm undertakes no responsibility to update any in front-hunting proclamation designed herein. All onward-searching records speak only by the particular date for this mass media release.