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Health In Tech Appoints Former SAP and IBM Executive Sri Rajagopalan as Chief Technology Officer to Advance AI-driven Enterprise-Grade Platform Growth
Prnewswire· 2026-02-24 21:30
Core Insights - Health In Tech has appointed Sri Rajagopalan as Chief Technology Officer to enhance its AI-driven enterprise-grade platform growth [1] - Rajagopalan has been serving as Interim CTO since November 2025, where he has made significant advancements in technology leadership and AI transformation strategy [1] - The company aims to strengthen its technology foundation to support larger carrier and broker partners and execute multiple strategic initiatives [1] Company Overview - Health In Tech, Inc. is an AI-enabled InsurTech platform that focuses on improving processes in the healthcare industry through vertical integration, process simplification, and automation [2] - The company aims to streamline the underwriting, sales, and service processes for insurance companies, licensed brokers, and third-party administrators [2] Leadership Experience - Sri Rajagopalan brings over two decades of enterprise-scale technology leadership, with experience at SAP and IBM in enterprise architecture and large-scale platform engineering [1] - His previous roles in the healthcare technology sector include Senior Vice President positions at Net Health and Zelis, and Vice President at Greenway Health, where he modernized core platforms and scaled high-performance systems [1] Strategic Focus - As CTO, Rajagopalan will oversee product engineering and enterprise platform operations, focusing on advancing the company's technology architecture and AI development roadmap [1] - The company plans to enhance performance, security, interoperability, and scalability of its cloud-native platforms to support long-term growth [1]
Waterdrop: Profitable Growth Meets Deep Value In China's InsurTech
Seeking Alpha· 2026-02-18 10:03
In my view, Waterdrop Inc. ( WDH ) has started 2026 like one of the few Chinese InsurTech companies that successfully combined fast growth with sustainable profitability. In Q3 2025 , the companyI am an independent trader and analyst specializing in the micro-cap market. My strategy combines technical analysis with the CAN SLIM method, developed by William O'Neil, to identify high-growth, underanalyzed companies. I focus on financial trends, profit growth, and institutional capital accumulation to uncover s ...
Zhibao Technology Accelerates Digital Transformation with the Launch of Ten New AI Agents
TMX Newsfile· 2026-02-13 13:59
Core Insights - Zhibao Technology Inc. has launched ten new AI agents to enhance its operational and service capabilities in digital insurance brokerage [1][3][6] Business Model - Zhibao operates a 2B2C ("to-business-to-customer") digital embedded insurance model, providing customized solutions to B-end customers such as internet platforms, enterprises, and government agencies [2][8] - The company has developed over 40 proprietary digital insurance solutions that integrate channel scenarios with end-user insurance needs [2][9] AI Integration - The new AI agents are integrated into various operational segments, including technology platform, product design, operation, promotion, and customer service [3][4] - The AI Insurance Application Development agent can automatically generate over 50% of the daily code required by the development team, while the AI Product Management & Placement agent enhances service efficiency by automating product requirement collection and documentation [5] Management Vision - The CEO of Zhibao emphasizes the commitment to leveraging Big Data and AI technology to enhance digital insurance solutions, aiming to transition into an intelligence-driven technology enterprise [6] Future Outlook - Zhibao plans to continue advancing the intelligent upgrade of its solutions and services, focusing on data-driven operations and customer service to become a fully intelligence-driven technology enterprise [7]
Reliance Global Group Signs Definitive Agreement to Acquire Controlling Stake in Post-Quantum Cybersecurity Company Enquantum
Globenewswire· 2026-02-09 13:07
Core Viewpoint - Reliance Global Group, Inc. is set to acquire a controlling interest in Enquantum Ltd., a company specializing in post-quantum cryptography, as the demand for quantum-resilient cybersecurity solutions accelerates due to advancements in quantum computing [1][2]. Company Overview - Reliance Global Group, Inc. operates in the InsurTech sector, leveraging AI and cloud technologies to enhance efficiencies in the insurance industry [8]. - The company has launched the Scale51 operating model, focusing on acquiring majority stakes in high-growth technology companies to expand market reach and create long-term shareholder value [9]. Acquisition Details - Reliance will acquire a 51% controlling ownership in Enquantum through its subsidiary, EZRA International Group, with a total purchase price of $2,125,000, structured in milestone payments over approximately 10 months [3]. - The initial closing will grant Reliance an 8% ownership position, with plans to increase this to 51% through additional share issuances tied to performance milestones [3]. Strategic Importance - The acquisition aligns with Reliance's Scale51 model, emphasizing majority ownership and active support in governance and market expansion [4]. - Enquantum is developing hardware-accelerated cryptographic solutions that meet NIST standards, addressing performance issues in existing cybersecurity measures [4]. Market Context - The shift towards post-quantum security is becoming urgent as quantum computing poses risks to current encryption methods, impacting sectors such as financial services, cloud infrastructure, and public-sector systems [2][6]. - Reliance views the post-quantum cybersecurity market as a significant opportunity, particularly in infrastructure-intensive environments where performance and compliance are critical [6].
Reliance Global Group Announces Strategic Launch of Scale51 Operating Model Through EZRA International Group
Globenewswire· 2026-02-04 13:30
Core Viewpoint - Reliance Global Group, Inc. is launching Scale51, a strategic initiative aimed at acquiring controlling stakes in technology companies to enhance growth and scalability within the U.S. market [1][2][3] Group 1: Strategic Expansion - Scale51 is designed to acquire 51% stakes in technology-driven businesses, focusing on sectors such as Artificial Intelligence, Cybersecurity, FinTech, InsurTech, MedTech, and Digital Health [2][4] - The initiative aims to leverage the company's existing InsurTech operations as a stable foundation for supporting the growth of acquired companies [2][3] Group 2: Operational Execution - Scale51 emphasizes hands-on operational execution and milestone-driven value creation, aligning governance, execution, and capital allocation [3] - The company plans to utilize its public infrastructure and operational expertise to assist portfolio companies at critical development stages [3] Group 3: Initial Transactions - Potential transactions with Enquantum Ltd., a cybersecurity firm, and Scentech Medical, an AI-driven diagnostics company, are expected to be among the first under the Scale51 model [4] - These transactions are subject to traditional closing conditions and due diligence, with the aim of structuring around defined operational milestones [4] Group 4: Leadership Insights - The CEO of Reliance Global Group stated that Scale51 aims to transform strong technology companies into scalable businesses, connecting insurance operations with technology to drive long-term shareholder value [5] - The Senior Vice President highlighted the importance of not just innovation but also the ability to scale technologies effectively in the global market [6] Group 5: Company Overview - Reliance Global Group, Inc. is an InsurTech pioneer utilizing AI and cloud technologies to enhance efficiencies in the insurance industry [7][8] - The company operates various platforms, including RELI Exchange for B2B and 5minuteinsure.com for B2C, alongside its strategic growth platform, EZRA International Group [8]
Reliance Global Group Announces Closing of $2 Million Public Offering
Globenewswire· 2026-01-29 21:05
LAKEWOOD, N.J., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (the “Company”) today announced the closing of its previously announced public offering of 7,407,408 shares of common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 14,814,816 shares of common stock at a combined public offering price of $0.27 per share (or pre-funded warrant in lieu thereof) and associated warrants. The warrants have an exercise price of $0.27 per share, ar ...
Reliance Global Group Announces Pricing of $2 Million Public Offering
Globenewswire· 2026-01-28 15:05
Core Viewpoint - Reliance Global Group, Inc. has announced a public offering of 7,407,408 shares of common stock at a price of $0.27 per share, along with warrants to purchase up to 14,814,816 additional shares, aiming to raise approximately $2 million for working capital and M&A strategies [1][2]. Group 1: Offering Details - The public offering includes 7,407,408 shares of common stock and associated warrants at a price of $0.27 per share [1]. - The warrants will have an exercise price of $0.27 per share, are exercisable upon issuance, and will expire two years after issuance [1]. - The expected closing date for the offering is around January 29, 2026, pending customary closing conditions [1]. Group 2: Financial Aspects - The gross proceeds from the offering are anticipated to be approximately $2 million before deducting fees and expenses [2]. - The net proceeds will be utilized for working capital, M&A strategies, and general corporate purposes [2]. Group 3: Company Overview - Reliance Global Group, Inc. is an InsurTech pioneer utilizing AI and cloud-based technologies to enhance efficiencies in the insurance agency and brokerage industry [5]. - The company operates the RELI Exchange platform, providing independent insurance agencies with business development tools to compete with larger agencies [5]. - Additionally, the company runs 5minuteinsure.com, which offers competitive online insurance quotes for consumers seeking auto, home, and life insurance [5].
Reliance Global Group Promotes Moshe Fishman to Senior Vice President, Strategic Ventures
Globenewswire· 2026-01-28 12:00
Expanded role positions Company to scale its core insurance business while pursuing transformative growth through EZRA International GroupLAKEWOOD, N.J., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (the “Company”) today announced the promotion of Moshe Fishman to Senior Vice President, Strategic Ventures. In this expanded role, Mr. Fishman will continue to drive the growth of Reliance’s core insurance and insurtech operations while leading the Company’s efforts to identify a ...
Reliance Global Group Announces NASDAQ Ticker Symbol Change from “RELI” to “EZRA” Following Recent Announcement of First Planned Acquisition Under EZRA International Group
Globenewswire· 2026-01-22 14:45
Core Viewpoint - Reliance Global Group, Inc. is changing its ticker symbol from "RELI" to "EZRA" on January 26, 2026, to better reflect its strategic evolution and focus on technology acquisitions [1][2]. Group 1: Ticker Symbol Change - The ticker symbol change aims to align with the formation of EZRA International Group, which will focus on acquiring controlling stakes in technology companies, particularly in sectors like cybersecurity, AI, FinTech, InsurTech, MedTech, and digital health [2]. - The transition to the new ticker symbol will not require any action from shareholders, and existing share certificates will remain valid [4]. Group 2: Acquisition Strategy - The company has announced plans to acquire a majority stake in Scentech, an AI diagnostics firm specializing in non-invasive disease detection technologies, marking the first acquisition under EZRA International Group [3]. - This acquisition strategy is designed to identify and scale breakthrough technologies that can create long-term value, complementing the stable cash flow from the company's insurance holdings [4]. Group 3: Company Overview - Reliance Global Group, Inc. is an InsurTech pioneer utilizing AI and cloud technologies to enhance efficiencies in the insurance industry [5]. - The company's platforms, including RELI Exchange and 5minuteinsure.com, provide tools for independent insurance agencies and competitive online insurance quotes for consumers [5].
Health In Tech Announces Zain Hasan as Chief Growth Officer to Accelerate Revenue Growth and Scale Distribution
Prnewswire· 2026-01-13 21:00
Core Insights - Health In Tech, Inc. has appointed Zain Hasan as Chief Growth Officer to lead the company's growth strategy, focusing on revenue generation and performance across various sectors [1][2][3] Company Overview - Health In Tech is an AI-enabled InsurTech platform that aims to enhance processes in the healthcare industry through vertical integration, process simplification, and automation [5] - The company offers a marketplace that provides over 100 customized healthcare plan designs and AI-driven underwriting, allowing brokers to generate bindable stop loss healthcare plan quotes quickly [3][5] Leadership and Strategy - Zain Hasan, with over 15 years of experience in the employee benefits and insurance industry, has a proven track record in scaling revenue and executing strategic acquisitions [3] - His appointment is expected to strengthen Health In Tech's ability to deliver innovative programs and deepen collaborations with broker agencies, third-party administrators, and carriers [3]