Welcome to our dedicated page for Reliance Global Group news (Ticker: RELIW), a resource for investors and traders seeking the latest updates and insights on Reliance Global Group stock.
Reliance Global Group Inc (RELIW) operates at the forefront of InsurTech innovation, combining artificial intelligence with strategic acquisitions to transform insurance operations. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, technological advancements, and market positioning.
Access real-time information about earnings announcements, partnership agreements, and technology deployments that shape the company's growth trajectory. Our curated collection includes press releases detailing AI platform enhancements, acquisition strategies, and operational efficiency initiatives across wholesale/retail insurance markets.
Key focus areas include cloud-based solution rollouts, risk management innovations, and regulatory compliance updates. Users benefit from centralized access to strategic decisions impacting the company's InsurTech leadership and financial performance.
Bookmark this page for streamlined monitoring of RELIW's market movements and technology-driven transformation within the insurance sector. Return regularly for authoritative reporting on developments that influence the evolving landscape of digital insurance solutions.
Reliance Global Group announced the acquisition of Spetner Associates, a benefits enrollment company. This move is projected to double Reliance's revenue to approximately $28 million in 2024, with an expected Adjusted EBITDA of over $4 million. Spetner, through its BenManage platform, serves over 75,000 employees in the U.S. and integrates HR processes such as benefits enrollment, applicant tracking, onboarding, and payroll. The acquisition is seen as a strategic fit to enhance Reliance's tech-driven insurance enterprise, offering cross-selling opportunities and operational efficiencies.
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