Columbus-based Huntington National Bank announced an expansion of its banking services for captive insurers on October 6. The offering builds on its existing reinsurance-trust business and helps clients arrange collateral through letters of credit and trusts.
Jordan Mosher will lead captive-insurance banking, with Joe McDonald serving as managing director. Huntington described the move as additional specialization and coordination of existing capabilities; it did not disclose new client totals or revenue from the expansion.