Huntington Bank Expanded Captive Insurance Services
The bank has appointed new leadership to oversee banking solutions for organizations managing their own insurance needs.
Updated on Oct. 6, 2026 in Banking
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Huntington National Bank has officially expanded its captive insurance banking capabilities to support companies with complex risk management and financial requirements. This move follows the appointment of dedicated leadership for its captive insurance solutions division.
Why it matters
The bank is strengthening its suite of financial services for captive insurance companies, which are organizations that create their own insurers to cover specific business risks. This expansion aims to provide these entities with specialized access to collateral management and global financial products.
Huntington Bancshares maintains $284 billion in total assets, providing the capital base for its expanded insurance offerings. The initiative leverages internal expertise including Jordan Mosher, who brings eight years of experience from Huntington Private Bank.
The players
Huntington National Bank
A financial institution based in Columbus providing retail, commercial, and specialty banking products.
Jordan Mosher
The head of captive insurance banking who previously served eight years at Huntington Private Bank.
Joe McDonald
The managing director of captive insurance solutions with prior experience at the South Carolina Department of Insurance.
The details
The bank is now providing specialized collateral management services, including letters of credit and reinsurance trusts, tailored for captive insurers. Additionally, clients will gain connectivity to the bank's Global Specialty Products group for broader financial integration. This initiative is managed by industry specialists to address the complex treasury needs of businesses that self-insure.
Timeline
October 6, 2026: Huntington Bank announced the expansion of insurance banking.
Money Landscape
This move reflects the ongoing evolution of commercial banking, where institutions are deepening their support for specialized, high-stakes corporate financial structures. It follows the trend of banks creating bespoke divisions to capture business from entities that handle significant internal risk management.
While this service is targeted at corporate clients, business owners utilizing captive insurance should review their current banking agreements to see if these new collateral and trust services fit their capital management needs. Discuss whether these specialized products provide improved liquidity or cost efficiencies with your tax or financial professional.
The takeaway
The expansion signals a deeper institutional focus on the specialized needs of corporate insurance entities. If you are a decision-maker at a firm managing captive insurance, consult with a financial professional to evaluate if these banking integrations align with your risk management goals.
Further reading
For more information on how financial products evolve, visit the Banking section.
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