Marshall Islands · Oceania

First Net Insurance Company

GGeneral (Non-life)Foreign multinationalPartially verified against the regulator register

Guam-domiciled P&C insurer; states it serves the Republic of the Marshall Islands. MISSA names "First Net Insurance/DB Insurance" as the main carrier of Moylan's Insurance Agency. Writes through Moylan's Insurance Underwriters (Marshalls), Inc., Majuro. Cross-border; local licence status not confirmed.

Official sources

This directory holds no official website for First Net Insurance Company: the OBC register does not publish one and no sourced profile has been accepted. The register is the authoritative record of who is licensed.

Class of business
General (Non-life)Short-term property, casualty, motor, marine and other non-life covers.
Parent / group
Moylan's Insurance UnderwritersLicensed in 3 countries, 3 entities in this directory.
Ownership
Foreign multinationalSubsidiary of a multinational headquartered outside the continent.
Regulator
Office of the Banking Commission (OBC)
Local currency
USD
Source basis
First Net Insurance Company, corporate profile ("Serving Guam, CNMI, Palau, FSM, and the Republic of the Marshall Islands"), https://firstnetinsurance.net/, retrieved 2026-09-26; Marshall Islands Social Security Administration (MISSA), "RMI Workers' Compensation Program to finally kick-off on October 1, 2023" (4 May 2023), https://rmimissa.org/2023/05/04/rmi-workers-compensation-program-to-finally-kick-off-on-october-1-2023/ (domain now redirects to rmissa.net), retrieved 2026-09-26
Country verification
Partially verified - carriers named by the RMI Social Security Administration and by the insurers' own territory statements; no public licence register found · Marshall Islands Social Security Administration (MISSA), "RMI Workers' Compensation Program to finally kick-off on October 1, 2023" (4 May 2023), https://rmimissa.org/2023/05/04/rmi-workers-compensation-program-to-finally-kick-off-on-october-1-2023/ (domain now redirects to rmissa.net), retrieved 2026-09-26; First Net Insurance Company, corporate profile ("Serving Guam, CNMI, Palau, FSM, and the Republic of the Marshall Islands"), https://firstnetinsurance.net/, retrieved 2026-09-26; NetCare Life and Health Insurance Company, "About Us" (products on Guam, CNMI, Palau, FSM and the Marshall Islands), https://www.netcarelifeandhealth.com/footer_content/about.php, retrieved 2026-09-26; Banks and FSPs Licensing and Fees Regulations 2020, https://rmicourts.org/wp-content/uploads/2020/11/Banks-and-FSPs-Licensing-Regulations-Final-9-23-2020.pdf; all retrieved 2026-09-26. No count stated.
Identifiers
slug marshall-islands-first-net-insurance-company · row 2572/api/v1/insurers/marshall-islands-first-net-insurance-company.json