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
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