Skyla Insurance Services completes acquisition of Policyline Insurance to expand insurance product portfolio
Acquiring Company
Skyla Insurance Services
Acquired Company
Policyline Insurance
Description
Skyla Insurance Services, LLC, a subsidiary of Skyla Credit Union, has announced the acquisition of Policyline Insurance. This strategic acquisition enhances Skyla Insurance Services' product portfolio and deepens its commitment to delivering comprehensive insurance solutions to Skyla Credit Union's corporate accounts and sponsor companies. Geoff Ricks, owner of Policyline Insurance, has been appointed President of Skyla Insurance Services, and as part of this acquisition, Policyline's experienced team will join Skyla Insurance Services.
Quick answer
Skyla Insurance Services is acquiring Policyline Insurance, announced February 4, 2025. Skyla Insurance Services is based in Charlotte, North Carolina, United States.
- How much did Skyla Insurance Services pay for Policyline Insurance?
- The deal value was not disclosed.
- What does Skyla Insurance Services do?
- Skyla Insurance Services, LLC, a subsidiary of Skyla Credit Union, provides a full suite of insurance offerings to individuals and corporate clients.
- Where are Skyla Insurance Services and Policyline Insurance based?
- Skyla Insurance Services is based in Charlotte, North Carolina, United States. Policyline Insurance is based in North Carolina, United States.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Insurance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- HUB INTERNATIONAL completes acquisition of Mayfield Insurance, Inc. in Indiana to strengthen insurance capabilities (February 7, 2025)
- JN Financial Group agrees to transfer JNGI shares to BCIC (January 22, 2025)
- Maiden Holdings merges with Kestrel Group LLC (March 18, 2025)
- Hub International acquires Drayton Valley Insurance (March 6, 2025)
- Hub International acquires MIV Insurance Services (March 5, 2025)
- Hub International acquires Lindenwood Agency, Inc. to expand commercial and personal insurance capabilities (February 5, 2025)
Who to call at Skyla Insurance Services, and when
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Frequently asked
Who acquired Policyline Insurance?
Policyline Insurance was acquired by Skyla Insurance Services, based in Charlotte. The deal was reported on February 4, 2025. Skyla Insurance Services, LLC, a subsidiary of Skyla Credit Union, provides a full suite of insurance offerings to individuals and corporate clients. Skyla Insurance Services is privately held and operates in Financial Services.
When did Skyla Insurance Services acquire Policyline Insurance?
Skyla Insurance Services's acquisition of Policyline Insurance was reported on February 4, 2025. Skyla Insurance Services, LLC, a subsidiary of Skyla Credit Union, has announced the acquisition of Policyline Insurance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Policyline Insurance do?
Policyline Insurance, based in Cornelius, N.C., has been delivering over a dozen strategies to help clients strike the perfect balance of maintaining an employee benefit plan that helps recruit and retain top talent while hitting the necessary budget targets. It is privately held, operating in Health Care, and is based in North Carolina.
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