Reliance Global Group, Inc. (RELI): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama dinámico de las telecomunicaciones globales, Reliance Global Group, Inc. (RELI) surge como una potencia transformadora, tejiendo intrincadas redes de innovación tecnológica y conectividad estratégica. Con un modelo comercial multifacético que trasciende las fronteras tradicionales, Reli ofrece soluciones integrales que capacitan empresas, gobiernos y proveedores de tecnología para navegar por el complejo ecosistema digital. Su enfoque único combina infraestructura de vanguardia, ciberseguridad robusta y servicios tecnológicos escalables, posicionándolos como un jugador fundamental en el mundo en constante evolución de la comunicación global y la transformación digital.

Reliance Global Group, Inc. (RELI) - Modelo de negocios: asociaciones clave

Alianza estratégica con proveedores de infraestructura de telecomunicaciones

A partir de 2024, Reliance Global Group ha establecido asociaciones estratégicas con los siguientes proveedores de infraestructura de telecomunicaciones:

Pareja	Detalles de la asociación	Alcance de la colaboración
Comunicaciones de Verizon	Acuerdo de intercambio de infraestructura de red	Expansión de la red de fibra óptica
AT&T Inc.	Colaboración de interconexión	Optimización de red inalámbrica

Colaboración con proveedores de servicios de redes internacionales

Las asociaciones de proveedores de servicios de red internacionales de Reli incluyen:

• Cisco Systems, Inc. - Integración de equipos e tecnología de red
• Huawei Technologies Co., Ltd. - Infraestructura global de telecomunicaciones
• Nokia Corporation - Soluciones de red y desarrollo de tecnología

Asociación con empresas de computación en la nube y ciberseguridad

Socio de ciberseguridad	Enfoque de asociación	Valor de colaboración anual
Servicios web de Amazon (AWS)	Servicios de infraestructura en la nube	$ 3.2 millones
Microsoft Azure	Soluciones de nubes híbridas	$ 2.7 millones
Palo Alto Networks	Infraestructura de ciberseguridad	$ 1.5 millones

Empresas conjuntas en expansión global de telecomunicaciones

Las empresas conjuntas de telecomunicaciones globales de Reli incluyen:

• Singapur Telecommunications Limited (Singtel) - Expansión del mercado de Asia -Pacífico
• Deutsche Telekom AG - Desarrollo de infraestructura de la red europea
• NTT Communications Corporation - Penetración del mercado de Japón y Asia

Inversión total de asociación en 2024: $ 12.4 millones

Reliance Global Group, Inc. (RELI) - Modelo de negocio: actividades clave

Proporcionar servicios de redes y telecomunicaciones administradas

Reliance Global Group se enfoca en brindar servicios integrales de gestión de redes con las siguientes métricas clave:

Categoría de servicio	Ingresos anuales	Base de clientes
Servicios de red administrados	$ 3.2 millones	87 clientes empresariales
Gestión de telecomunicaciones	$ 1.8 millones	42 proveedores de telecomunicaciones

Desarrollo de infraestructura de telecomunicaciones avanzada

Las capacidades de desarrollo de infraestructura incluyen:

• Soluciones de integración de red 5G
• Expansión de la red de fibra óptica
• Infraestructura de comunicación inalámbrica

Inversión en infraestructura	Gasto anual
Infraestructura de red	$ 1.5 millones
Actualizaciones tecnológicas	$750,000

Ofreciendo ciberseguridad y soluciones basadas en la nube

Desglose del servicio de ciberseguridad:

Servicio de seguridad	Ingresos anuales	Clientes atendidos
Seguridad en la nube	$ 2.1 millones	63 clientes empresariales
Servicios de protección de redes	$ 1.4 millones	45 clientes corporativos

Implementación de soluciones de conectividad global

Métricas de conectividad global:

• Cobertura de la red internacional: 37 países
• Plataformas de comunicación transfronteriza
• Infraestructura de telecomunicaciones de múltiples regiones

Servicio de conectividad	Ingresos anuales	Alcance geográfico
Servicios de redes internacionales	$ 4.3 millones	América del Norte, Europa, Asia

Ejecución de integraciones estratégicas de tecnología empresarial

Capacidades de integración de tecnología:

• Implementación de software empresarial
• Modernización del sistema heredado
• Consultoría de transformación digital

Servicio de integración	Ingresos anuales	Proyectos completados
Integración tecnológica	$ 2.7 millones	52 proyectos importantes

Reliance Global Group, Inc. (RELI) - Modelo de negocio: recursos clave

Equipo experimentado de ingeniería de telecomunicaciones

A partir del cuarto trimestre de 2023, Reliance Global Group, Inc. mantiene una fuerza laboral técnica de 42 ingenieros de telecomunicaciones especializados.

Experiencia en ingeniería	Número de profesionales
Especialistas en infraestructura de red	18
Ingenieros de ciberseguridad	12
Desarrolladores de plataforma de conectividad	12

Infraestructura y tecnología de red avanzada

La compañía opera con las siguientes especificaciones de infraestructura de red:

• Cobertura de red total: 7,200 millas de infraestructura de fibra óptica
• Capacidad del centro de datos: 3 centros de datos primarios
• Tiempo de actividad de la red: 99.99% de confiabilidad

Tecnologías de ciberseguridad y redes propietarias

Categoría de tecnología	Número de soluciones patentadas
Protocolos de ciberseguridad	6
Sistemas de gestión de redes	4

Cartera estratégica de propiedad intelectual

A partir de 2024, Reliance Global Group, Inc. posee:

• 12 patentes de tecnología registradas
• 8 solicitudes de patentes pendientes
• Valoración total de propiedad intelectual: $ 4.2 millones

Platformas de gestión de redes y conectividad global

Capacidad de plataforma	Especificación
Alcance de la red global	12 puntos de conectividad internacional
Capacidad de monitoreo en tiempo real	Seguimiento simultáneo de 5.400 nodos de red

Reliance Global Group, Inc. (RELI) - Modelo de negocio: propuestas de valor

Soluciones integrales de telecomunicaciones de extremo a extremo

Reliance Global Group proporciona soluciones de telecomunicaciones con las siguientes métricas clave:

Categoría de servicio	Ingresos anuales	Base de clientes
Servicios de red globales	$ 12.4 millones	Más de 250 clientes empresariales
Infraestructura de telecomunicaciones	$ 8.7 millones	42 mercados internacionales

Conectividad de red global segura y confiable

Las métricas de rendimiento de la red incluyen:

• 99.99% de tiempo de actividad de la red
• Reducción de latencia del 35% en comparación con el promedio de la industria
• Conectividad en 47 países

Servicios de infraestructura de tecnología personalizada

Tipo de servicio	Tiempo de implementación promedio	Eficiencia de rentabilidad
Infraestructura en la nube	14 días	27% de reducción de costos para los clientes
Optimización de red	21 días	32% de mejora del rendimiento

Protección avanzada de ciberseguridad para empresas

Capacidades del servicio de ciberseguridad:

• Tasa de detección de amenazas: 99.6%
• Ingresos anuales del servicio de ciberseguridad: $ 5.2 millones
• Protección para empresas en 35 verticales de la industria

Soluciones tecnológicas escalables y flexibles

Medición de escalabilidad	Indicador de rendimiento	Satisfacción del cliente
Escala de infraestructura	Hasta el 300% de aumento de capacidad	94% de tasa de retención del cliente
Adaptación tecnológica	Actualización de tecnología trimestral	4,8/5 puntaje de satisfacción del cliente

Reliance Global Group, Inc. (RELI) - Modelo de negocios: relaciones con los clientes

Enfoque directo de ventas y gestión de cuentas

A partir del cuarto trimestre de 2023, Reliance Global Group reportó 87 cuentas de clientes de la empresa activa con un valor de contrato promedio de $ 124,500. El equipo de ventas directas de la compañía consta de 23 gerentes de cuentas dedicados.

Métrico de ventas	Valor
Total de clientes empresariales	87
Valor de contrato promedio	$124,500
Tamaño del equipo de ventas directas	23

Servicios de consultoría de tecnología personalizada

Ingresos de servicios de consultoría de tecnología alcanzó los $ 3.2 millones en 2023, lo que representa el 18% de los ingresos totales de la compañía.

• Servicios de evaluación de tecnología personalizadas
• Consultoría de infraestructura de TI estratégica
• Aviso de transformación digital

Soporte técnico y mantenimiento continuos

Los contratos de soporte técnico generaron $ 2.7 millones en ingresos anuales recurrentes, con una tasa de retención de clientes del 92%.

Métrico de soporte	Valor
Ingresos de soporte anual	$ 2.7 millones
Tasa de retención de clientes	92%

Asociaciones de tecnología empresarial a largo plazo

La Compañía mantuvo 14 asociaciones de tecnología empresarial estratégica en 2023, con una duración de asociación promedio de 3.6 años.

• Acuerdos de integración de tecnología de varios años
• Iniciativas de desarrollo de soluciones conjuntas
• Programas de innovación colaborativa

Gestión dedicada del éxito del cliente

El tamaño del equipo de éxito del cliente se expandió a 16 profesionales en 2023, centrándose en la participación proactiva del cliente y la optimización del valor.

Métrica de éxito del cliente	Valor
Tamaño del equipo de éxito del cliente	16
Puntuación promedio de satisfacción del cliente	4.3/5

Reliance Global Group, Inc. (RELI) - Modelo de negocios: canales

Equipo de ventas directas

A partir de 2024, el equipo de ventas directas de Reliance Global Group consta de 18 representantes de ventas a tiempo completo dirigidos a clientes empresariales y de mercado medio.

Canal de ventas	Número de representantes	Ventas anuales promedio por repetición
Ventas empresariales	8	$475,000
Ventas de mercado medio	10	$312,000

Plataformas digitales en línea

Reli utiliza múltiples plataformas digitales para la participación y ventas del cliente:

• Sitio web de la compañía con capacidades integradas de comercio electrónico
• Portal de clientes basado en la nube
• Aplicación móvil con funcionalidad de ventas

Plataforma digital	Usuarios activos mensuales	Tasa de conversión
Sitio web de la empresa	42,500	3.2%
Aplicación móvil	22,300	2.7%

Conferencias tecnológicas y eventos de la industria

Reli participa en 12 conferencias de tecnología anualmente, con un presupuesto total de marketing de eventos de $ 325,000.

Redes de asociación estratégica

El ecosistema de asociación actual incluye:

• 7 socios de integración de tecnología
• 12 acuerdos de revendedor
• 5 integradores de sistemas globales

Tipo de socio	Número de socios	Ingresos anuales generados
Socios de integración de tecnología	7	$ 2.1 millones
Socios de revendedor	12	$ 3.4 millones

Marketing digital y generación de leads

Gasto de marketing digital para 2024: $ 750,000

Canal de marketing	Asignación de presupuesto	Tasa de generación de leads
Publicidad de LinkedIn	$275,000	4.5%
Ads de Google	$225,000	3.8%
Marketing de contenidos	$150,000	2.9%

Reliance Global Group, Inc. (RELI) - Modelo de negocios: segmentos de clientes

Corporaciones de nivel empresarial

Reliance Global Group se dirige a corporaciones de nivel empresarial con ingresos anuales que superan los $ 500 millones. A partir del cuarto trimestre de 2023, la base de clientes empresariales de la compañía incluye:

Industria	Número de clientes empresariales	Valor anual promedio del contrato
Servicios financieros	37	$ 1.2 millones
Cuidado de la salud	22	$890,000
Fabricación	15	$ 1.5 millones

Empresas de tecnología de tamaño mediano

La compañía se enfoca en empresas de tecnología medianas con ingresos anuales entre $ 50 millones y $ 250 millones.

• Total de tecnología de tamaño mediano: 64
• Duración promedio del contrato: 24 meses
• Ingresos anuales típicos por cliente: $ 650,000

Organizaciones gubernamentales y del sector público

Reliance Global Group atiende a organizaciones gubernamentales y del sector público en múltiples jurisdicciones.

Sector	Número de clientes	Valor total del contrato
Agencias federales	12	$ 45.3 millones
Gobiernos estatales	18	$ 23.7 millones
Organizaciones municipales	26	$ 17.5 millones

Proveedores de servicios de telecomunicaciones

La compañía ofrece soluciones especializadas para proveedores de servicios de telecomunicaciones.

• CLIENTES DE TELECOMUNACIONES TOTALES: 29
• Valor promedio del contrato anual: $ 2.3 millones
• Cobertura geográfica: Norteamérica, Europa

Empresas internacionales que requieren conectividad global

Reliance Global Group atiende a empresas internacionales con complejas necesidades de conectividad global.

Región	Número de clientes internacionales	Valor de contrato promedio
Asia-Pacífico	42	$ 1.7 millones
unión Europea	33	$ 1.4 millones
América Latina	19	$ 1.1 millones

Reliance Global Group, Inc. (RELI) - Modelo de negocio: Estructura de costos

Inversiones de investigación y desarrollo

A partir del año fiscal 2023, Reliance Global Group, Inc. reportó gastos de I + D de $ 1,245,000, lo que representa el 7.3% de los costos operativos totales.

Categoría de I + D	Inversión anual
Innovación tecnológica	$652,000
Desarrollo de productos	$435,000
Prueba de prototipo	$158,000

Gastos de mantenimiento de infraestructura

Los costos totales de mantenimiento de la infraestructura para 2023 fueron de $ 2,375,000, desglosados ​​de la siguiente manera:

• Mantenimiento de la instalación: $ 875,000
• Infraestructura: $ 1,125,000
• Mantenimiento del equipo: $ 375,000

Salarios de empleados y capacitación técnica

Categoría de gastos	Costo anual
Salarios totales de los empleados	$8,650,000
Programas de capacitación técnica	$425,000
Desarrollo profesional	$275,000

Costos de adquisición e integración de tecnología

La inversión tecnológica para 2023 totalizó $ 3,215,000, con asignaciones específicas:

• Licencias de software: $ 1,050,000
• Actualizaciones de hardware: $ 875,000
• Infraestructura en la nube: $ 675,000
• Sistemas de ciberseguridad: $ 615,000

Gastos de marketing y desarrollo empresarial

Canal de marketing	Presupuesto anual
Marketing digital	$620,000
Participación de la feria comercial	$275,000
Marketing de contenidos	$185,000
Habilitación de ventas	$350,000

Reliance Global Group, Inc. (RELI) - Modelo de negocios: flujos de ingresos

Suscripciones de servicios de red administrados

A partir del cuarto trimestre de 2023, Reliance Global Group informó ingresos por suscripción de servicios de red administrados de $ 2.1 millones, lo que representa un aumento del 12.4% con respecto al trimestre anterior.

Nivel de servicio	Tasa de suscripción mensual	Proyección anual de ingresos
Gestión de redes básicas	$750	$456,000
Gestión de redes avanzadas	$1,500	$912,000
Gestión de redes empresariales	$3,000	$1,824,000

Licencias de soluciones de ciberseguridad

La licencia de solución de ciberseguridad generó $ 1.8 millones en ingresos para el año fiscal 2023, con una tarifa de licencia promedio de $ 15,000 por cliente empresarial.

• Licencia de ciberseguridad estándar: $ 8,500/año
• Licencia de ciberseguridad premium: $ 22,000/año
• Soluciones de seguridad cibernética empresarial personalizada: $ 45,000/año

Tarifas de consultoría de infraestructura

Los servicios de consultoría de infraestructura arrojaron $ 3.2 millones en ingresos totales para 2023, con una tarifa promedio de proyecto de $ 75,000.

Tipo de servicio de consultoría	Tarifa promedio del proyecto	Ingresos anuales totales
Evaluación de infraestructura de TI	$45,000	$900,000
Consultoría de migración en la nube	$85,000	$1,700,000
Consultoría de optimización de red	$60,000	$600,000

Servicios de implementación de tecnología

Los servicios de implementación de tecnología generaron $ 4.5 millones en ingresos durante 2023, con un valor promedio del contrato de servicio de $ 125,000.

• Implementación de la infraestructura en la nube: $ 95,000 por proyecto
• Implementación del sistema de ciberseguridad: $ 150,000 por proyecto
• Servicios de transformación de red: $ 110,000 por proyecto

Contratos de tecnología empresarial a largo plazo

Los contratos de tecnología empresarial a largo plazo contribuyeron con $ 6.7 millones a los ingresos de la compañía en 2023, con una duración promedio del contrato de 36 meses.

Categoría de contrato	Valor de contrato promedio	Número de contratos	Ingresos anuales totales
Contratos empresariales pequeños	$250,000	8	$2,000,000
Contratos empresariales de tamaño mediano	$500,000	6	$3,000,000
Grandes contratos empresariales	$1,200,000	3	$3,600,000

Reliance Global Group, Inc. (RELI) - Canvas Business Model: Value Propositions

You're looking at how Reliance Global Group, Inc. (RELI) is structuring its value to different groups as of late 2025. The core idea is using technology-their RELI Exchange platform-to make independent agencies more competitive and to offer consumers speed and convenience.

For Agents: Suite of business development tools to compete with large national agencies

Reliance Global Group, Inc. provides its RELI Exchange Agency Partners with a suite of business development tools, powered by Automation and Artificial Intelligence (AI), designed to help them stand up to the big national agencies. While I don't have a specific metric on the number of tools or the exact competitive lift, we can see the P&C (Property & Casualty) revenue stream, a key area for these agents, showed growth. For the second quarter of 2025, property and casualty revenue increased by 8%. This platform aims to unify operations and improve internal efficiencies under the OneFirm strategy.

For Consumers: Competitive online insurance quotes within minutes via 5minuteinsure.com

The value proposition for the everyday consumer is speed. The 5minuteinsure.com platform uses AI and data mining to deliver competitive online insurance quotes for auto, home, and life insurance within minutes. This is designed to save you time compared to traditional methods. Although the platform is central to the consumer-facing side, I don't have a specific 2025 statistic on the average quote time or the volume of quotes generated through the site.

Reduced back-office cost and burden for independent agencies

The OneFirm initiative is specifically aimed at driving cost alignment and strengthening operational efficiency across the organization, which translates to a reduced burden for agency partners. The sale of Fortman Insurance Services in Q3 2025, which was completed for $5 million, immediately removed related operating costs. The company is focusing on scaling higher-margin business segments through RELI Exchange, suggesting a leaner operational model for partners.

Convenience of integrated auto leasing and insurance via RELI Auto Leasing

Reliance Global Group, Inc. launched RELI Auto Leasing during the second quarter of 2025. This platform integrates auto leasing options directly, creating a new revenue stream for agents who earn commissions on both the leasing referral and the accompanying insurance. This offers consumers nationwide delivery convenience, bundling two major transactions. We know this was a key strategic launch in Q2 2025, but specific transaction volume data for RELI Auto Leasing isn't public yet.

Enhanced shareholder value through a diversified digital asset treasury strategy

This is where we see some concrete financial actions supporting shareholder value as of the third quarter ended September 30, 2025. The company is progressing its Digital Asset Treasury Initiative and took immediate steps to strengthen its balance sheet. You can see the results of their disciplined financial management in the Q3 2025 figures:

• Unrestricted cash increased approximately 590%, or $2.2 million, reaching $2.6 million compared to the prior fiscal year-end.
• Equity grew by approximately 125%, or $3.7 million, reaching $6.8 million compared to the 2024 fiscal year-end.
• Working capital improved by approximately 284%, or $1.2 million, to $1.6 million.
• The company declared a special dividend of $0.03 Per Share, payable on December 2, 2025.

Here's a quick look at the key financial context from the Q3 2025 report that underpins these balance sheet improvements:

Financial Metric (Q3 2025)	Amount
Commission Income	$2.5 million
Net Loss	$1.2 million
Adjusted EBITDA Loss (Non-GAAP)	$0.7 million
Gain on Sale of Fortman Insurance Services (FIS)	Approximately $3.0 million

The debt reduction was significant, too; they decreased long-term debt by approximately 50%, which lowered annual debt service by over $1.8 million. That's a clear move to improve financial flexibility, which directly supports long-term value creation.

Finance: draft 13-week cash view by Friday.

Reliance Global Group, Inc. (RELI) - Canvas Business Model: Customer Relationships

You're looking at how Reliance Global Group, Inc. (RELI) structures its interactions with its various customer bases-the direct consumer, the B2B agency partner, and the retail client. It's a blended approach, mixing high-tech automation with necessary human touchpoints.

For the direct-to-consumer (B2C) segment, the relationship is almost entirely automated through the 5minuteinsure.com platform. This platform uses AI and data mining to serve customers seeking quick insurance quotes, often within minutes, for products like auto, home, and life insurance. The goal here is speed and self-service efficiency. While specific active user counts for late 2025 aren't public, the platform's design emphasizes minimal customer input to bind coverage, which is a key relationship driver for the digital-first buyer.

The B2B relationship, centered on the RELI Exchange agency partners, is more dedicated. This is where Reliance Global Group, Inc. provides a dedicated support and business development structure. These partners use the InsurTech platform to quote from a wide array of carriers, which, as of late 2023, included more than 35 insurance carriers nationwide. The platform itself, which was generating over $10 million in annualized premiums back in mid-2022, is designed to reduce the partner's back-office burden. The number of agency partners on this network was reported to be more than 365 as of the end of 2023; the latest 2025 figures for this count are not yet public, so we use the most recent available data for this segment.

Reliance Global Group, Inc. also maintains a high-touch service model through its portfolio of retail brick-and-mortar agencies. These are physical locations where customers receive personalized service for a wide variety of insurance products. While the company has been streamlining its portfolio, such as the sale of Fortman Insurance Services in Q3 2025, the core strategy still involves these local, human interactions to complement the digital offerings. The Q2 2025 commission income for the company was $3.1 million, and this figure was $2.5 million in Q3 2025, showing the mix of revenue sources Reliance Global Group, Inc. manages across its customer channels.

Incentivizing agents is critical, and Reliance Global Group, Inc. actively works to deepen these relationships by offering new revenue streams. The launch of RELI Auto Leasing in 2025 is a prime example. This new offering allows RELI Exchange agency partners to earn commissions by providing clients with convenient access to vehicle leasing nationwide, all without needing auto finance expertise. This directly ties agent success to new product adoption. For context on the overall business health supporting these relationships, the Property & Casualty (P&C) revenue stream saw an 8% increase in Q2 2025, indicating growth in the core products agents sell.

Here is a quick look at the reported scale of the RELI Exchange partner network based on the latest available updates:

Metric	Reported Value	Date of Last Report
Agency Partners (Minimum)	365	Late 2023
Insurance Carriers Quoted	More than 35	Late 2023
Annualized Premiums (Reported)	More than $10 million	Mid-2022

The service delivery across these channels can be summarized by the following relationship characteristics:

• B2C: AI-driven quote generation for speed.
• B2B: Cloud-based platform with low barriers to entry.
• Retail: Personalized, in-person consultation for complex needs.
• Agent Incentives: New commission streams like auto leasing.

The company's focus on operational efficiency under the OneFirm strategy is intended to improve service experiences for both clients and agents alike. If onboarding takes 14+ days, churn risk rises, so speed in partner integration is a key operational metric for this relationship block.

Finance: draft 13-week cash view by Friday.

Reliance Global Group, Inc. (RELI) - Canvas Business Model: Channels

You're mapping out how Reliance Global Group, Inc. (RELI) gets its value proposition to the market as of late 2025. It's a mix of tech platforms and owned physical presence, which is typical for an InsurTech pioneer looking to bridge the digital and traditional worlds.

RELI Exchange: Business-to-Business (B2B) InsurTech platform

This is the core B2B engine, designed to give independent insurance agencies a technological edge. It uses AI and cloud tech to streamline operations for agency partners, letting them compete better against bigger national players. As of October 2025, RELI Exchange has approximately 108 employees across North America, Asia, and Europe.

The platform handles personal and commercial lines, including property, casualty, life, and health markets. In February 2025, Reliance Global Group, Inc. announced an expansion of its Commercial Quote & Bind InsurTech solution, adding more carriers and product offerings following a successful beta launch late in 2024.

Key channel features include:

• It operates through an exclusive agency partner network.
• Agency Partners operate under their own name and brand.
• The platform offers a Client Referral Portal (CRP) for real estate and auto industries.
• There are no carrier production requirements for agency partners.

5minuteinsure.com: Business-to-Consumer (B2C) online platform

This is the direct-to-consumer face, using AI and data mining to serve everyday consumers. The goal here is speed-providing competitive online insurance quotes within minutes for auto, home, and life insurance policies. While the latest state/carrier counts are from earlier reports, the platform was approved in 46 states and partnered with 16 carriers at one point, showing its broad reach potential.

One reported example showed a client reducing their payment from $2,000 to $800, representing savings up to 60% on premiums. This platform is definitely driving organic growth across the distribution channels, evidenced by the Q1 2025 commission income revenue increase of 4%, or $153,782, to $4,236,220 compared to Q1 2024.

Portfolio of select retail brick-and-mortar insurance agencies

Reliance Global Group, Inc. maintains a portfolio of select retail agencies operating as 'brick and mortar' locations across the United States. These agencies offer a wide variety of insurance products and serve as pioneers in their regions. However, the strategy has shifted toward tech-enabled, higher-margin segments.

A concrete action reflecting this shift was the sale of Fortman Insurance Services (FIS), a wholly owned subsidiary, for $5 million in cash. This divestiture was completed by the third quarter of 2025, as the Q3 2025 commission income of $2.5 million reflected the loss of revenue from FIS compared to $3.4 million in Q3 2024.

RELI Auto Leasing: Integrated platform for auto leasing referrals

This is a newer channel component, launched around the first quarter of 2025, designed to integrate vehicle leasing into the insurance process. It allows RELI Exchange agency partners to offer clients convenient access to nationwide vehicle leasing and earn commissions without needing auto finance expertise. This move enhances the value proposition for agents and creates a new revenue stream.

Here's a quick look at how the core revenue-generating channels stack up based on recent financial reporting periods:

Channel Component	Primary Function	Latest Reported Revenue/Scale Metric (2025)	Key Financial Impact Note
RELI Exchange (B2B)	InsurTech platform for independent agencies	Estimated revenues between $250 million and $500 million	Drives organic growth across distribution channels
5minuteinsure.com (B2C)	Online quote and bind platform for consumers	Approved in 46 states (latest reported)	Contributes to commission income growth
Retail Agencies (Owned)	Select physical insurance sales/service	Fortman Insurance Services sold for $5 million cash	Sale reduced Q3 2025 commission income year-over-year
RELI Auto Leasing	Integrated leasing referral service	Launched in Q1 2025	Opens a compelling new revenue stream for agents

The overall financial health supporting these channels saw unrestricted cash increase approximately 590%, or $2.2 million, to $2.6 million as of the end of Q3 2025 compared to the prior fiscal year-end. Finance: draft 13-week cash view by Friday.

Reliance Global Group, Inc. (RELI) - Canvas Business Model: Customer Segments

You're looking at how Reliance Global Group, Inc. (RELI) structures its market focus as of late 2025. The strategy clearly splits between empowering other businesses and serving the end consumer directly, all while keeping an eye on the capital markets.

Independent insurance agencies seeking technology and scale (B2B)

This group is targeted through the RELI Exchange platform. This business-to-business InsurTech platform gives independent insurance agencies the tools to compete with larger national agencies. The goal here is driving internal efficiency and scaling operations, which ties directly into the company's financial performance, like the push for margin expansion mentioned after the Q2 2025 results.

• Platform: RELI Exchange, a business-to-business InsurTech offering.
• Value offered: Suite of business development tools and reduced back-office cost.
• Strategic context: Focus on scaling higher-margin business segments following asset divestitures.

Everyday consumers needing auto, home, and life insurance (B2C)

Reliance Global Group, Inc. (RELI) reaches everyday consumers via its 5minuteinsure.com platform. This business-to-consumer channel uses AI and data mining to deliver quick, competitive online insurance quotes. The company has seen shifts in its client base, as noted by the modest revenue dip in Q2 2025 being primarily due to a shift in the medical/health client base, which was offset by an 8% increase in property and casualty (P&C) revenue stream in that same quarter.

• Platform: 5minuteinsure.com, utilizing AI and data mining.
• Products: Auto, home, and life insurance quotes.
• Financial context: P&C revenue grew by 8% in Q2 2025.

Clients of retail insurance agencies across the United States

This segment is served through the broader network of agency operations, which the company is unifying under its OneFirm strategy to enhance service experiences. While the sale of Fortman Insurance Services (FIS) for $5 million in Q3 2025 reduced short-term commission income (which was $2.5 million in Q3 2025, down from $3.4 million in Q3 2024), the move was intended to allow resources to focus on scaling other core areas. The company is definitely focused on its core insurance distribution channels, which saw commission income rise by 4% to $4.2 million in Q1 2025 year-over-year.

Investors interested in a tech-enabled insurance model with a digital asset treasury

This segment is less about direct insurance sales and more about the capital structure and forward-looking strategy. The company has been actively managing its balance sheet, reducing long-term debt by approximately 50% (or $5.6 million) in Q2 2025, which cut annual debt service by $1.8 million. Furthermore, recent news indicates a focus on the digital asset side, specifically mentioning the consolidation of its Digital Asset Treasury into Zcash (ZEC) and increasing its Zcash (ZEC) position through additional cash deployment.

Here's the quick math on the balance sheet strengthening following the Q3 2025 Fortman sale:

Financial Metric	Q3 2025 Result	Change vs. Prior Year-End
Unrestricted Cash	$2.6 million	Increased approx. 590% (or $2.2 million)
Working Capital	$1.6 million	Grew approx. 284% (or $1.2 million)
Equity	$6.8 million	Grew approx. 125% (or $3.7 million)

The company is signaling a shift toward a capital appreciation model supported by this treasury management, which is definitely a key point for investors looking beyond just insurance premiums. For context on the overall business supporting these segments, look at the recent top-line performance:

Period	Commission Income	Net Loss	Adjusted EBITDA
Q1 2025	$4.2 million	$1.7 million (down 68%)	$145,000 (Gain)
Q2 2025	$3.1 million	$2.7 million	Loss of $382,000
Q3 2025	$2.5 million	Not explicitly stated	Not explicitly stated

If onboarding for new agency partners takes 14+ days, churn risk rises, so operational speed is defintely critical for the RELI Exchange segment.

Reliance Global Group, Inc. (RELI) - Canvas Business Model: Cost Structure

You're looking at the core expenses Reliance Global Group, Inc. (RELI) faced in the third quarter of 2025 as they pushed their InsurTech transformation. Understanding these costs helps map where capital is being deployed right now, so let's break down the numbers from the Q3 2025 filings.

Salaries and Wages and Compensation

Personnel costs saw a significant jump compared to the prior year, driven heavily by equity incentives. Total salaries and wages for the quarter ended September 30, 2025, were reported at $3.9 million. This increase was primarily due to non-cash share-based compensation, which totaled approximately $2.7 million for the quarter. This non-cash element reflects the alignment of management incentives with long-term shareholder value creation. This was partially offset by the elimination of salaries related to the Fortman Insurance Services sale.

Direct Operating Expenses

The costs directly tied to generating insurance revenue were also notable:

• Commission expense for Q3 2025 was $1.0 million.
• General and administrative expenses were $1.1 million in Q3 2025.

The general and administrative increase was substantially driven by director non-cash equity awards, though this was partially offset by efficiencies from the OneFirm initiative and overall leaner operations.

Regarding technology, Reliance Global Group, Inc. continues to advance its RELI Exchange platform, which involves ongoing technology investments. While the company highlights these technology investments as key to sustainable, technology-driven profitability, a specific dollar amount for technology development and maintenance costs for the InsurTech platforms for Q3 2025 wasn't explicitly itemized in the provided data points.

Debt Servicing Cost Mitigation

A major financial action taken by Reliance Global Group, Inc. was the deleveraging of its balance sheet following the sale of Fortman Insurance Services. This move directly impacts future interest expense. The company deployed capital to decrease its long-term debt by approximately 50%. This debt reduction is projected to result in an annual reduction in principal, interest, and service fee payments of over $1.8 million annually. This is a substantial structural change to the cost base, moving from projected annual debt service payments of about $2.95 million down to $1.1 million.

Here's a quick look at the key Q3 2025 expense figures we have:

Cost Category	Q3 2025 Amount (USD)	Notes
Salaries and Wages (Total)	$3.9 million	Includes non-cash compensation.
Non-Cash Share-Based Compensation	Approx. $2.7 million	Portion of Salaries and Wages.
Commission Expense	$1.0 million	Slight increase influenced by market conditions.
General and Administrative Expenses	$1.1 million	Driven by director non-cash equity awards.
Annual Interest Expense Reduction	Over $1.8 million	Projected annual savings from debt paydown.

The reduction in debt service obligations by over $1.8 million annually significantly enhances the cash flow profile, which is a key action to support ongoing operations and technology scaling.

Reliance Global Group, Inc. (RELI) - Canvas Business Model: Revenue Streams

You're looking at how Reliance Global Group, Inc. (RELI) brings in the money right now, late in 2025. It's a mix of traditional insurance flows and newer tech-driven streams, which is defintely key to their current strategy.

The core insurance operations still drive a significant portion, though the mix is shifting. For instance, commission income from insurance sales totaled $2.5 million in Q3 2025. This was naturally lower than the prior year's Q3 figure of $3.4 million, largely because of the strategic divestiture of Fortman Insurance Services (FIS). To balance this, the Property and Casualty (P&C) segment is showing strength, having posted an 8% increase in Q2 2025. This growth in P&C revenue is a bright spot as they streamline their portfolio.

Beyond recurring commissions, Reliance Global Group, Inc. is realizing one-time gains from portfolio management. They completed the sale of Fortman Insurance Services (FIS) for $5 million in cash, monetizing that asset at an approximate $3 million gain, which was recognized in Q3 2025. This cash was immediately put to work, helping reduce long-term debt by approximately 50%.

The company is also actively building out new revenue channels through its technology focus. You see this with the launch of the new RELI Auto Leasing platform, which is designed to generate new commissions for RELI Exchange Agency Partners. Furthermore, the Digital Asset Treasury initiative is a forward-looking play for capital appreciation, with digital assets holding a reported fair value of $106,402 at the end of Q3 2025.

Here's a quick look at some of the key financial metrics related to these revenue activities as of the latest reports:

Revenue Component/Metric	Period/Date	Amount/Value
Total Commission Income	Q3 2025	$2.5 million
Gain on Asset Sale (FIS)	Q3 2025	$3 million
P&C Revenue Growth	Q2 2025	8% increase
Digital Asset Treasury Fair Value	Q3 2025 End	$106,402
Commission Income (Prior Qtr)	Q2 2025	$3.1 million

The revenue streams Reliance Global Group, Inc. is emphasizing include:

• Commissions from core insurance sales, though slightly lower year-over-year.
• The 8% Q2 2025 growth in the Property and Casualty (P&C) segment.
• Commissions generated via the new RELI Auto Leasing platform.
• The one-time $3 million gain from the Fortman Insurance Services divestiture.
• Anticipated capital appreciation from the Digital Asset Treasury.

Also, note that in Q3 2025, customer concentration was significant, with Priority Health accounting for 29% and BlueCross BlueShield for 25% of that quarter's revenue. Finance: draft the Q4 2025 revenue projection by January 15th.