RHOADS ONLINE INSTITUTE INC.

Rhoads Online Institute, based in the US, specializes in insurance compliance software solutions, enhancing operational efficiency for carriers, brokers, and agencies through innovative technology. Founded in 2007 and headquartered in New York, US, Rhoads Online Institute provides software solutions for the insurance sector. In December 2024, Equality Asset Management acquired Rhoads Online Institute and Elation Systems, LLC. Financial terms of the transaction were not disclosed.

In December 2024, Equality Asset Management acquired Advanced GRC from Aithent Inc. Financial terms of the transaction were not disclosed. Following the transaction, Equality Asset Management combined the companies to form Auctivo. Rhoads Online specializes in providing comprehensive insurance compliance software solutions designed to enhance operational efficiency for carriers, brokers, and agencies.

Their flagship offerings include an automated compliance enablement system that assists in managing licensing, onboarding processes, and regulatory compliance obligations. Serving a diverse clientele, Rhoads Online addresses the needs of approximately 700,000 policyholders and their associated agencies. The software streamlines complex compliance tasks, enabling users to manage adjuster licensing processes efficiently and ensuring that compliance data remains current and accurate. The company’s products are marketed primarily in the United States, targeting organizations that require robust solutions to navigate the evolving insurance regulatory landscape effectively.

Rhoads Online generates revenue through a subscription-based model, providing clients access to its suite of software products and managed services specifically tailored for the insurance industry. This transactional structure allows carriers, brokers, and agencies to integrate Rhoads Online's compliance tools into their existing systems, enhancing their operational capabilities. Clients typically engage in annual or multi-year subscription agreements, which include ongoing support and updates to software products. Revenue is further supplemented by customized solutions that cater to specific licensing and compliance needs for various organizations, ensuring a steady stream of income from both standard and bespoke offerings.

The company focuses on delivering value through improved efficiency and compliance management, which translates into measurable benefits for its customers.