Lakewood-based Reliance Global Group on Monday announced the formation of a new Real Estate Division intended to supplement the company’s focus on acquiring accretive and cash flow-positive insurance agencies.
Abe Miller, successful real estate investor and mergers & acquisitions executive, has agreed to join Reliance to oversee this new division and advise on future real estate transactions. Miller will receive no fixed salary for his services; rather, he will be compensated entirely on a success-based model.
Ezra Beyman, CEO of Reliance, commented: “We are excited to launch a significant initiative — a new division within Reliance dedicated to the acquisition and development of multifamily and commercial real estate properties.
“Having previously worked with Abe, I have firsthand experience of the immense value his insights contribute. We look forward to him leading this latest endeavor as we continue to drive Reliance forward as a leading, technology-focused firm committed to sustainable profitability and increasing shareholder value. With Abe’s extensive experience and strategic visions, we are confident this initiative will accelerate our progress toward achieving our objectives.”
Reliance Global Group is an insurtech pioneer, leveraging artificial intelligence and cloud-based technologies to transform and improve efficiencies in the insurance agency/brokerage industry.
