Reliance Global Group Promotes Moshe Fishman to Senior Vice President, Strategic Ventures
Rhea-AI Summary
Reliance Global Group (Nasdaq: EZRA) promoted Moshe Fishman to Senior Vice President, Strategic Ventures to lead its EZRA Group International platform while continuing to support the core insurance business.
Fishman will source and execute majority or controlling acquisitions, scale post-close integration, and advance recent transactions including announced majority stakes in Scentech Medical and Enquantum Ltd.
Positive
- Leadership aligned to execute EZRA strategic acquisition platform
- Continued focus on core insurance revenue and cash flow foundation
- Active deal pipeline with announced majority stakes in two technology targets
Negative
- Execution risk as Reliance scales acquisitions and integration responsibilities
- Potential resource strain from pursuing transformative tech deals alongside core operations
News Market Reaction
On the day this news was published, EZRA declined 28.35%, reflecting a significant negative market reaction. Argus tracked a trough of -37.6% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $3M at that time. Trading volume was above average at 1.7x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers detected in momentum scanners and no same-day peer headlines; the modest 2.08% move appears stock-specific.
Market Pulse Summary
The stock dropped -28.4% in the session following this news. A negative reaction despite positive-sounding leadership news would fit a scenario where investors focused on execution risk and diversification outside core insurance. The expansion of EZRA’s mandate into areas like AI diagnostics and post-quantum encryption could raise questions about focus. With shares trading close to the 52-week low and only slightly above the 200-day MA at 0.27, prior skepticism about strategic pivots could have overshadowed the management promotion.
Key Terms
artificial intelligence technical
post-quantum encryption technical
AI-generated analysis. Not financial advice.
Expanded role positions Company to scale its core insurance business while pursuing transformative growth through EZRA International Group
LAKEWOOD, N.J., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (the “Company”) today announced the promotion of Moshe Fishman to Senior Vice President, Strategic Ventures.
In this expanded role, Mr. Fishman will continue to drive the growth of Reliance’s core insurance and insurtech operations while leading the Company’s efforts to identify and execute opportunities through EZRA Group International (“EZRA”), Reliance’s strategic acquisition initiative.
Reliance’s insurance business remains the foundation of the Company, generating revenue and cash flow through agency distribution, carrier relationships, and technology-enabled processes. Since joining Reliance in 2021, Mr. Fishman has been a driving force in incorporating technology and artificial intelligence into the Company’s insurance operations, helping modernize workflows, improve data utilization, and support scalable growth through greater operating efficiency.
EZRA was formed to pursue majority or controlling stakes in what we believe to be high-growth technology companies operating outside traditional insurance, where Reliance seeks to act as a long-term owner and value builder. The initiative is focused on opportunities that we believe have the potential to materially expand Reliance’s growth profile over time through exposure to transformative technologies, supported by a disciplined transaction approach and active post-close execution.
In his new role, Mr. Fishman will lead the execution and scaling of the EZRA platform, including sourcing and evaluating opportunities, structuring and leading transactions, and working closely with acquired companies after closing, while continuing to support day-to-day operations of the Company’s core insurance business. He has been deeply involved throughout the transaction process on current initiatives, working hands-on with counterparties to advance acquisitions from initial structuring through closing and integration.
Mr. Fishman has been closely involved in Reliance’s recently announced majority stake acquisition in Scentech Medical, an AI-driven diagnostics company focused on early disease detection, and Enquantum Ltd., a cybersecurity company developing post-quantum encryption and next-generation data protection technologies. The Company believes that these transactions reflect EZRA’s focus on transformative technologies with significant long-term potential.
“Moshe has been directly involved in strengthening our insurance operations through technology while also helping launch and advance our EZRA strategy,” said Ezra Beyman, Chairman and Chief Executive Officer of Reliance. “From early transaction structuring through quarterbacking the definitive agreement process, Moshe is already demonstrating strong leadership, working closely with principals and legal counsel to drive transactions toward closing and integration. He is actively engaging with a wide range of high-quality companies and continuously evaluating opportunities that have the potential to unlock meaningful long-term value for our shareholders. We believe Moshe’s experience and execution mindset are critical as we move from strategy formation to platform execution and build EZRA into a scalable engine for long-term value creation alongside our growing retail insurance business.”
“Our insurance business provides a stable and growing foundation for the Company,” said Moshe Fishman. “EZRA allows us to pursue long-term growth opportunities. My focus is disciplined execution in insurance and thoughtful, selective acquisitions through EZRA as the Company continues to evolve.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: EZRA) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products.
In addition to its insurance and insurtech operations, Reliance operates EZRA International Group, its strategic growth platform focused on identifying, acquiring, and building majority or controlling stakes in high-growth technology companies. EZRA International Group is designed to complement Reliance’s core insurance business by expanding market reach and supporting long-term shareholder value creation through disciplined capital allocation and active ownership.
Further information about the Company can be found at https://www.relianceglobalgroup.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding the Company’s strategic initiatives, including the role of EZRA International Group in identifying, structuring and pursuing acquisition and investment opportunities; the anticipated benefits of the expanded responsibilities of senior management, including the promotion of Moshe Fishman to Senior Vice President, Strategic Ventures; the Company’s ability to execute its acquisition and investment strategy through EZRA International Group; the growth prospects and scalability of RELI Exchange and 5minuteinsure.com; and the Company’s broader business, strategic and financial outlook.
These forward-looking statements are based on current expectations and assumptions that involve risks and uncertainties, including, among others, that the Company will be able to successfully execute its strategic initiatives and acquisition strategy through EZRA International Group; that the expanded leadership role of senior management will contribute to the effective sourcing, structuring and integration of strategic opportunities; that investments in RELI Exchange, 5minuteinsure.com and other initiatives will generate anticipated returns; that market, economic, interest rate and regulatory conditions will remain sufficiently favorable; and that the Company will be able to continue to access capital on acceptable terms and execute its broader business and capital markets strategy. There can be no assurance that these assumptions will prove accurate.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including, without limitation: the Company’s ability to successfully identify, evaluate, consummate and integrate acquisitions or strategic investments through EZRA International Group; the risk that anticipated benefits of management changes or strategic initiatives may not be realized; the Company’s ability to grow RELI Exchange and 5minuteinsure.com, attract and retain agents and customers, and achieve expected levels of adoption and profitability; the Company’s ability to effectively deploy capital into business development or other strategic initiatives; the Company’s ability to maintain adequate liquidity and access to capital (including any issuance under its at-the-market equity offering program, if utilized); competitive pressures, including within InsurTech and insurance agency/brokerage; and general business, economic, market, interest rate and geopolitical conditions; as well as other risks described under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as amended, the Company’s Quarterly Reports on Form 10-Q, and in other filings with the Securities and Exchange Commission.
Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: EZRA@crescendo-ir.com
FAQ
What does Moshe Fishman's promotion to SVP Strategic Ventures mean for Reliance Global Group (EZRA)?
Which acquisitions is EZRA pursuing following the January 28, 2026 announcement?
How will Reliance balance insurance operations with the EZRA acquisition strategy under the new role?
Does Moshe Fishman's promotion change Reliance's strategic priorities as of January 28, 2026?
What investor risks and opportunities arise from Reliance's EZRA initiative and Fishman's expanded role?
