Reliance Global Group Reports Second Quarter 2026 Results and Accelerates AI - Driven Transformation

LAKEWOOD, N.J., July 30, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) ("we,” "us,” "our,” the "Company” or "Reliance”) today reported financial results for the second quarter ended June 30, 2026, while highlighting continued progress in the development and deployment of its proprietary artificial intelligence platform designed to enhance operational efficiency, automate complex workflows, and create new long-term growth opportunities. By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Launched proprietary AI agent for secure browser automation, marking a significant milestone in the Company's AI strategy. Began deploying AI capabilities across Reliance's insurance operations to improve workflow automation, productivity and customer service. Continued expanding proprietary AI technologies designed to enhance both internal operations and future commercial opportunities. Continued delivering organic growth within the Company's retained insurance operations following the divestiture of non-core businesses. Reduced second quarter operating expenses by approximately 28% year-over-year through continued operational efficiencies and disciplined cost management. Improved second quarter net loss by approximately 26% compared with the prior-year period. Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, commented, "The second quarter marked an important milestone in our…