Huntington Bank Expanded Captive Insurance Banking
The Columbus-based institution has appointed a new leader to guide its specialized insurance services group.
Updated on Oct. 6, 2026 in Banking
Live Poll
Do you trust large regional banks to manage specialized insurance services for businesses?
Huntington National Bank has expanded its captive insurance banking capabilities to better support clients with complex risk management needs. The bank also appointed Jordan Mosher as the new head of its captive insurance banking division.
Why it matters
This strategic expansion allows the bank to offer more robust financial solutions, including collateral management services and reinsurance trusts, to companies navigating intricate insurance requirements.
Huntington Bancshares currently holds $284 billion in total assets. The firm is now integrating captive insurance clients into its existing Global Specialty Products group.
The players
Jordan Mosher
He is the newly appointed head of captive insurance banking at Huntington and serves as a board member for the North Carolina Captive Insurance Association.
Joe McDonald
He serves as the managing director of captive insurance solutions and previously worked at the South Carolina Department of Insurance.
Huntington Bancshares
This Columbus-based regional bank holding company manages $284 billion in assets and operates the Huntington Private Bank brand.
The details
The bank provides specialized services for captive insurance entities, such as letters of credit and reinsurance trusts, through its expanded service model. Jordan Mosher, who previously spent eight years at Huntington Private Bank, will lead this initiative.
Timeline
October 6, 2026: Huntington Bank announced the expansion of its insurance banking services.
Market Dynamics
This move follows the broader industry trend of financial institutions seeking to provide more specialized risk management tools to corporate clients. It positions Huntington to capture more value from companies turning to captive insurance for internal risk control.
Retail investors should monitor how these specialized service expansions influence the bank's fee-based income streams over the coming fiscal quarters. Clients of the bank may see broader access to complex credit and reinsurance products as the division integrates with existing specialty groups.
The takeaway
Captive insurance serves as a critical tool for businesses seeking to manage self-insured risks with greater financial control. Corporations exploring this route should evaluate whether their bank provides the necessary trust and collateral management infrastructure.
Further reading
Learn more about local financial services on the Banking section of our site.
Live Poll
Do you trust large regional banks to manage specialized insurance services for businesses?
