Reliance Global Group, Inc.

Good day, everyone, and welcome to the Reliance Global Group 2026 Second Quarter Business Update. At this time, all participants are placed on a listen-only mode. If you have any questions or comments during the presentation, you may press star 1 on your phone to enter the question queue at any time, and we will open the floor for your questions and comments after the presentation. It is now my pleasure to hand the floor over to your host, Ted Ivas, Investor Relations. Sir, the floor is yours.

Thanks, Matthew. Good afternoon, and thank you for joining Reliance Global Group's 2026 Second Quarter Financial Results and Business Update Conference Call. On the call with us today are Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, and Joel Markovits, Chief Financial Officer of Reliance. Earlier today, the company announced its operating results for the quarter ended June 30, 2026, and the press release is posted on the company's website, www.relianceglobalgroup.com. In addition, the company will be filing its Thank you for your time. Before Mr. Beyman reviews the company's operating results for the quarter ended June 30, 2026, we would like to remind everyone that this conference call may contain forward-looking statements. All statements other than statements of historical facts contained in the conference call, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements. The words anticipate, estimate, expect, project, plan, seek, intend, believe, may, might, will, should, could, likely, continue, design and the negative of such terms, in other words, in terms of similar expressions are intended to identify forward-looking statements. These forward-looking statements are based largely on the company's current expectations and projections about future events and trends that it believes may affect its financial condition, results of operations, strategy, Short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to several risks, uncertainties, and assumptions as described in the company's Form 10-K file with the U.S. Securities and Exchange Commission. Because of these risks, uncertainties, and assumptions, the forward-looking events and circumstances discussed in this conference call may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although the company believes that expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance or achievements. In addition, neither the company nor any person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The company disclaims any duty to update any of these forward-looking statements. All forward-looking statements attributable to the company are expressly qualified in their entirety by these cautionary statements as well as others made on this conference call. You should evaluate all forward-looking statements made by the company in the context of these risks and uncertainties. Having said that, I'd now like to turn the call over to Mr. Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group. Ezra?

Thank you very much, Ted, and good afternoon, everyone. Thank you for joining us today. and for your continued interest in Reliance Global Group. The second quarter represented another important step in the evolution of our company. Over the past year, we've worked to simplify our organization, strengthen our balance sheet and streamline our operations to position Reliance for long-term growth. We believe that work is beginning to show, not only in our financial results, but also in the strategic direction of the company. As we move into the next phase, We've also strengthened our leadership team with several key appointments. We're pleased to welcome Judah Korman as our Chief Operating Officer, Zack Wilder as our Chief Technology Officer, and to promote Mody Beyman to Executive Vice President. Together they bring complementary experience in operations, technology, and product development. We believe having the right leadership team is just as important as having the right strategy, and each of these individuals will play an important role as we execute our vision of building a technology-driven insurance company. It's already in play in a big way. At the same time, we've remained disciplined and are managing our insurance operations. Following last year's portfolio realignment, we're operating as a far more focused and efficient organization. Importantly, While we've streamlined the business through the divestiture of non-core operations, we continue to deliver organic growth within our retained insurance operations during the quarter. We believe that demonstrates the strength of our core insurance platform and validates the strategic actions we've taken over the past year. That discipline is reflected in the results we've reported today. We've reduced operating expenses by approximately 28% year over year. Improved our net loss by approximately 26% and continued to strengthen our overall cost structure. While there's still work to do, we believe these results demonstrate that the actions we've taken over the past year are delivering meaningful improvements and creating a stronger foundation for future growth. At the same time, we've continued investing in what we believe is the next phase of Reliance growth with the development of our proprietary AI platforms. During the second quarter, we achieved an important milestone in that effort with the successful development and launch of our secure browser automation technology, representing an important step in executing our long-term strategy. For us, artificial intelligence isn't just about chasing the latest trends. about solving real business problems. Every day, insurance professionals spend hours navigating carrier websites, processing transactions, and completing repetitive administrative tasks. Those are exactly the kinds of workflow-intensive processes where we believe intelligent automation can improve efficiency, consistency, and customer service. It's already being done. One of our biggest advantages is that we are developing this technology inside our own insurance business That gives us the opportunity to test it, improve it, and validate it using real-world workflows every day. We believe that what makes the platform stronger while also delivering immediate operational benefits across our own organization. As Reliance continues to enhance the proprietary AI platform, management believes that technology has the potential to strengthen the company's insurance operations and many more. shareholder value. It's important to emphasize that our insurance business remains the foundation of Realize Global Group. Rather than viewing insurance and technology as separate businesses, we see them as highly complementary. Our insurance platform gives us the opportunity to develop technology in a real operating environment, while our technology has the potential to make that business stronger and create new opportunities over time. Looking ahead, our priorities remain straightforward. We'll continue enhancing our AI platform expanding its deployment across our organization, evaluating commercialization opportunities, and maintaining the disciplined approach that has strengthened our business over the past year. As we execute our strategy, we'll continue evaluating opportunities that leverage our technology capabilities, strengthening our existing business, and support sustainable long-term growth. We believe this disciplined approach positions us to create additional long-term value to our shareholders. When I look at the lines today, I see a company that's much different than it was a year ago. We've built a stronger operating foundation, assembled an outstanding leadership team, and begun executing at what we believe is an exciting long-term growth strategy. We're still early in that journey, but we're encouraged by our progress. Actually, we're very excited by our progress and excited about opportunities ahead. With that, let me turn the call over to our Chief Financial Officer, Joel Markovits, who will review our financial results.