Welcome to your expert guide on securing insurance in the Federated States of Micronesia (FSM). Due to its unique market structure, finding insurance in Micronesia works differently than in larger countries. The nation is primarily served by specialized regional insurers, often based in Guam, and represented by local brokers and agents.
This guide provides a clear overview of the key providers and essential information to help you get the coverage you need for your car, home, business, or health
How to Get Insurance in Micronesia
Consider Government Schemes: Be aware of social security and government health plans, as they form a crucial part of your overall financial safety net.
Contact a Local Broker or Agent: This is the most effective method. Local brokers have established relationships with the regional insurers that underwrite policies for Micronesia. They can help you compare options and handle the paperwork.
Identify the Underwriter: The main insurers are regional specialists. Understanding who they are helps you know the ultimate source of your coverage.
- All
- Insurance Brokers & Risk Advisors
Moylan’s Insurance Underwriters
A dominant regional provider based in Guam, offering a comprehensive range of personal and commercial insurance, including auto, home, liability, and business coverage for Micronesia.
DB
A major insurer, often working with Moylan's, that underwrites a significant portion of the property and casualty insurance policies available in the region.
Calvo’s SelectCare
A key provider focused on health insurance plans for the region, offering access to off-island medical care in Guam, the Philippines, and the United States.
Aon
A leading global firm offering a broad range of risk, retirement, and health solutions.
Insurance Brokers & Risk Advisors
MIMC
A local captive insurance management firm that establishes and manages self-insurance programs for businesses.
Net Care
A Guam-based insurer providing health, dental, and life insurance plans throughout Micronesia.
ALAKAI
Alaka'i is a captive insurance management company specialising in managing captive insurance companies for Japanese companies in Hawaii, the U.S. and Micronesia.
Pacific Prime
An insurance broker specializing in international health insurance.
Insurance Services in the Federated States of Micronesia
These entities provide essential social and health coverage.
- FSM Social Security Administration: Provides retirement, disability, and survivor benefits to the people of the Federated States of Micronesia.
- FSM National Government Employees’ Health Insurance Plan: Offers subsidized health insurance coverage for national government employees and their dependents.
Licensed Captive Managers Directory
Captive insurance companies are insurers established by a company or group of companies to cover their own risks, instead of purchasing traditional insurance from an external provider.
Licensed Captive Managers Directory:
- Alakai Global Inc.
- Aon Insurance Managers PTE LTD.
- Astora Captive Management Incorporated.
- Blue Ocean Risk Management Limited.
- Clifton JMIS Reinsurance Brokers Inc.
- Marsh Management Services, Inc.
- Micronesia Insurance Management Company
From FSM Ins. Board
Find out more about insurance in the region
World Insurance Companies Logos and Insurers by Country