Reliance Global Group, Inc.

Good day and welcome to the Reliance Global Group's fourth quarter and 2024 year-end business update call. At this time, all participants are in the listen-only mode and a question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note, this conference is being recorded. I will now turn the conference over to your host, Mr. Ted Avas of Crescendo Communications. Sir, you may begin.

Thank you. Good afternoon and thank you for joining Reliance Global Group's 2024 Year-End Financial Results and Business Update Conference Call. On the call with us today are Ezra Bayman, Chairman and Chief Executive Officer of Reliance Global Group, and Joe Markovich, Chief Financial Officer of Reliance Global Group. Earlier today, the company announced its operating results for the year ended December 31st, 2024, and the price release is posted on the company's website, www.relianceglobalgroup.com. In addition, the company will be filing its annual report on Storm 10K with the U.S. Securities and Exchange Commission today, which can also be accessed on the company's website, as well as the SEC's website at www.sec.gov. If you have any questions after the call and would like any additional information about the company, please contact Rescendo Communications at 212-671-1020. Before Mr. Bateman reviews the company's operating results for the year ended December 31st, 2024, 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 this conference call including statements regarding our future results of operations and financial position, strategy and plan, 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 and 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 filed with the U.S. Securities and Exchange Commission on March 6, 2025. 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 the 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 other 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 would now like to turn the call over to Ezra Bayman, Chairman and Chief Executive Officer of Reliance Global Group. Ezra?

Thanks, Ted. Good afternoon, and thank you, everyone, for joining us today. We are excited to share that 2024 has been a year of continued revenue growth and solid operational performance for Reliance. This transformative year was fueled by our disciplined fiscal management, strategic investments in technology, and well-targeted acquisitions. One firm's strategy played a crucial role by seamlessly integrating our agency operations into a unified, tech-driven platform. This approach not only boosted efficiency and cut costs, but also strengthened our net operating results. These efforts have greatly improved our profitability and we believe positioned us for long-term scalable growth in the ever-evolving insured tech landscape. In addition, we believe that the planned acquisition of Spettner Associates which I am pleased to report is now in the final stages and expected to close in the near future, and the ongoing expansion of Rely Exchange AI-powered Quote & Bind platform are set to create substantial value for both the company and its shareholders. Our Quote & Bind platform has transformed the insurance purchasing experience by enabling agents to generate competitive quotes and bind policies instantly. By harnessing the power of AI, automation, and advanced data analytics. We are boosting efficiency, enhancing underwriting accuracy, and providing exceptional service to our agents and their clients. We have made substantial enhancements to the Reliance Exchange quote-unquote platform, reinforcing our position as a leader in the insured tech space. Since its initial beta launch in September, the platform has rapidly expanded to feature a greater number of carriers, and a wider selection of insurance products with even more upgrades on the horizon. Designed to simplify workflows for agents, it enables them to generate quotes and bind policies instantly, significantly boosting efficiency and speeding up the policy issuance process. Leveraging AI-driven automation, the platform enhances underwriting accuracy while providing access to top-tier carriers, which helps ensure competitive pricing and a diverse range of coverage options. At Reliance, we are committed to transforming the insurance industry through the strategic use of technology and automation. By continuously expanding our quote and bind platform, we are equipping agents with advanced tools to improve efficiency, close deals more quickly, and drive profitability. This initiative is a key part of our strategy to establish Reliance Exchange as the most competitive and insurance-friendly insured tech solution in the market. Looking ahead, we cannot be more excited about the future of Reliance Global Group. With our disciplined expansion strategy, cutting-edge technology, and well-planned acquisitions, we are in a strong position to seize new opportunities in the rapidly evolving insure tech space. The expected completion of the Sprechner acquisition and the ongoing enhancements to our cold and bind platform are just the start of what we believe will be a period of unprecedented growth. We are committed to innovation, operational excellence, and delivering exceptional service to our agents and customers. By staying true to our vision, we are confident that we can build Reliance into a multibillion-dollar company, highly profitable, that creates sustainable, long-term value for our shareholders. The momentum we have built in 2024 is just the beginning. We are truly excited about what's in store for 2025 and beyond. I would now like to turn the call over to Joe Markowitz. our Chief Financial Officer of RealLines Global, to review the financial results for the year ended December 31st, 2024. Joel?