Charlotte-based Skyla Insurance Services, a subsidiary of Skyla Credit Union, has acquired Policyline Insurance, an employee benefits and insurance brokerage in the Carolinas.
The acquisition strengthens Skyla’s ability to provide Skyla Credit Union’s corporate accounts and sponsor companies with customized benefits offerings. Policyline owner Geoff Ricks was named president of Skyla Insurance Services, the company said in a news release.
Ricks is one of the founders of Policyline, which began in 2003 and was formerly known as Piedmont Benefits Group, based in Cornelius, North Carolina. In 2015, the firm expanded to offer insurance options for clients.
Ricks graduated from the University of North Carolina at Chapel Hill with a bachelor’s degree in economics.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
How Insurers Know When It’s Time to Scale AI 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
