MEDICI Now! The ReliaMax Story

MEDICI now! Startup Stories highlights the companies that are shaping the new financial technology industry. Keep an eye out each week for new stories! If you or someone you know should be highlighted, send us a note. Without further ado…

Company Name: ReliaMax Holding Company

Name/Title: Mike VanErdewyk, CEO & Founder

Industry Segment: Private student loan solutions provider

Target Market(s): US

LTP: Tell us a little bit about yourself, please.

Mike VanErdewyk: I was born and raised in South Dakota. I attended Dakota State University and earned my degree in Biology. Most of my career has been in financial services at companies like Prudential, EF Hutton, and Merrill Lynch. I’ve also started several companies, with ReliaMax being my most recent. ReliaMax began in 2005 as a Workers’ Compensation insurance company. In July 2006, ReliaMax acquired HEMAR Insurance Corporation from Sallie Mae, which launched us into the private student loan business, literally overnight.

LTP: Give us a paragraph pitch of your company.


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