Our Company

We Are F.I.R.S.T

  • Future Driven
    Future Driven
  • Influential
  • Responsive
  • Secure
  • Trusted

Our Mission

We put our customers first by providing innovative insurance solutions that protect them from life’s uncertainties. Now and in the future, we will be there for you.

What We Do

‘First’ is more than our name, it’s our nature. Cayman First is an industry-leading Property & Casualty insurer delivering best-in-class products and services to respond to the changing needs of individuals, households and businesses. Through our carefully selected network of agents and brokers, we provide protection for our customers today and prepare them for a brighter tomorrow.

We are proud to announce that as of August 2020, A.M. Best has affirmed that Cayman First Insurance, along with Bahamas First, has retained its A- (Excellent) rating this year. The outlook of our credit ratings have also been deemed as stable. Our consistent rating demonstrates the long term financial stability of the company and the larger group we are a part of. Your money is in safe hands with us.

A.M. Best Company is a worldwide insurance-rating agency that issues in-depth reports and financial strength ratings for insurance organizations. A.M. Best’s Rating is an independent evaluation that subjects all insurers to the same rigorous criteria, providing a valuable benchmark for comparing insurers, no matter where they are based or operate.

A.M. Best

Our History

Our company was incorporated as an ordinary resident company under the Companies Law of the Cayman Islands in February 1984. Shortly thereafter, it obtained a Class “A” Local Insurer’s License under the Insurance Law of the Cayman Islands, which enabled it to commence writing general insurance (property / casualty) business. In 1999, it added the designation Approved Health Insurance Provider to its credentials, and began writing health insurance business. The company is regulated by the Cayman Islands Monetary Authority and by the Health Insurance Commission within the Cayman Islands Department of Health Regulatory Services.

We continue to be one of the leading writers of Cayman Islands general insurance and health insurance business, and our financial strength is attested to by the award and annual affirmation of our A- (Excellent) rating by A.M. Best, the leading international rating agency for insurance companies. We operate in both the Personal Lines and Commercial Lines segments of the Cayman Islands insurance market, and our product range includes Property, Motor, Liability and Health.

Since 2010, the company has been part of the Bahamas First Group of Companies, a group that includes Bahamas First General Insurance, the leading general insurance carrier in the Bahamas.