Skyla Insurance Services, a subsidiary of Skyla Credit Union, announced it has acquired Policyline Insurance, a provider of insurance products and employee benefits consulting services based in Cornelius, North Carolina.
Launched in 2003, Policyline is known for helping businesses navigate the complex landscape of employee benefits. And a client-focused approach and deep industry knowledge have earned Policyline and owner Geoff Ricks the trust of companies across the Carolinas.
As part of the deal, which closed in Q1 2025, Ricks was appointed President of Skyla Insurance Services, where he will lead the combined organization and continue delivering tailored insurance and benefits solutions to businesses throughout the region. And Ricks’s leadership and expertise in the employee benefits space make him the ideal person to lead Skyla Insurance Services into its next phase of growth.
The deal strengthens Skyla’s ability to provide customized benefits offerings to Skyla Credit Union’s corporate accounts and sponsor companies, supporting workforce attraction, retention, and cost efficiency.
Policyline’s integration with Skyla marks a major milestone in both organizations’ missions to deliver innovative, comprehensive insurance solutions with exceptional service.
KEY QUOTES:
“It was a pleasure working with Geoff throughout this process. He brought a clear vision, deep commitment to his clients, and collaborative spirit to every conversation. We’re thrilled to have helped facilitate this successful transition and look forward to what’s ahead for Skyla Insurance Services.”
Jay Offerdahl, Viking M&A President
“The transition process was seamless thanks to the steady guidance and professionalism of Michael Elliott and Jay Offerdahl. Their experience, responsiveness, and thoughtful approach made navigating the complexities of the transaction efficient and rewarding.”
Geoff Ricks
