Lakewood-based Reliance Global Group, Inc., an InsurTech pioneer that leverages artificial intelligence (AI) and cloud-based technologies in the insurance agency/brokerage industry, announced the promotion of Moshe Fishman to senior vice president, strategic ventures.
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, Reliance’s strategic acquisition initiative.
Since joining Reliance in 2021, he has been a driving force in incorporating technology and AI into the company’s insurance operations, helping modernize workflows, improve data utilization and support scalable growth through greater operating efficiency.
In his new and expanded role, 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.
“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 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.”
Reliance’s insurance business remains the foundation of the company, generating revenue and cash flow through agency distribution, carrier relationships and technology-enabled processes.
