Micronesia · Oceania
First Net Insurance Company
Registered foreign insurer domiciled in Guam; A.M. Best A- per the register. Local agent Moylan's Insurance Underwriters (FSM), Inc. Per its own profile, 100% owned by the family of Kurt S. and Judith A. Moylan. P&C lines incl. surety and aviation.
Official sources
This directory holds no official website for First Net Insurance Company: the FSMIB 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
- FSM Insurance Board (FSMIB)fsminsuranceboard.com
- Local currency
- USD
- Source basis
- FSM Insurance Board, "2025 Annual Report", Exhibit 3 "Conventional Insurance Participants" and Exhibit 4 "Authorized Lines of Business", https://www.fsminsuranceboard.com/docs/reports/annual_report-2025.pdf, retrieved 2026-09-26; ownership from 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
- Country verification
- Verified - full register · FSM Insurance Board, "2025 Annual Report", Exhibit 3 "Conventional Insurance Participants" and Exhibit 4 "Authorized Lines of Business", https://www.fsminsuranceboard.com/docs/reports/annual_report-2025.pdf, retrieved 2026-09-26; FSM Insurance Board, "2025 Annual Report", Exhibit 10 "Licensed & Active Captive Insurance Companies", https://www.fsminsuranceboard.com/docs/reports/annual_report-2025.pdf, retrieved 2026-09-26. The report gives 8 registered foreign insurers and 1 licensed domestic insurer at 31 Dec 2025 (9 named in Exhibit 3), plus 23 licensed and active captives (Exhibit 10). Count: 32.
- Identifiers
- slug micronesia-first-net-insurance-company · row 2577/api/v1/insurers/micronesia-first-net-insurance-company.json