R

Reliance Global Group
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RELI

1.60000
USD
0.31
(24.03%)
Market Closed
Volume
12,609
EPS
0
Div Yield
-
P/E
-0
Market Cap
2,740,117
News

Title: Reliance Global Group Inc.

Sector: Financial Services
Industry: Insurance Brokers
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.