Bahamas First General
Insurance Company (BFG)
Bahamas First General Insurance Company (BFG) is the first locally capitalized property and casualty insurer in The Bahamas. Established in 1983, BFG has grown to become the country’s largest property and casualty insurer, with a reputation built on innovation, resilience, and a steadfast commitment to its policyholders. BFG offers a full suite of general insurance products designed for individuals, businesses, and communities across a broad range of risks and needs. BFG has maintained an AM Best Financial Strength Rating of A- (Excellent) since 1999, offering the confidence of long-term stability, supported by strong reinsurance partnerships with top-rated global reinsurers. BFG is known for introducing First Response, The Bahamas’ first onsite motor accident assistance and claims support program, and First Online, the country’s first full-service online insurance platform. Guided by its philosophy, ‘What’s first for you comes first for us’, BFG continues to set the standard for innovation, service excellence, and long-term resilience in the Bahamian insurance market.
Cayman First Insurance
Company (CFI)
Cayman First 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 operates both Personal and Commercial segments of the Cayman Islands insurance market and is regulated by the Cayman Islands Monetary Authority and by the Health Insurance Commission within the Cayman Islands Department of Health Regulatory Services. The company has an AM Best financial strength rating of A- (Excellent) with a stable outlook. It has been part of the Bahamas First Group since 2010.
NUA Insurance Agents &
Brokers Ltd.
NUA is a trusted insurance advisor and advocate for businesses and people who seek robust and flexible insurance coverage to protect the things they care about. NUA was established in 1966 through the amalgamation of the insurance interests of prominent Bahamian businessmen. It is a leading Property and Casualty intermediary in The Bahamas, with policies underwritten by Bahamas First General Insurance Company. Backed by the resources, technology and insight of the largest general insurer in The Bahamas and respected international players, the company equips its customers to face the future with confidence. Following a robust M&A strategy over the years, NUA has developed a diverse distribution network with locations throughout The Bahamas, supported by several independent representatives, and also is licensed to conduct long-term insurance business.
Bahamas First Corporate Services (BFCS)
Bahamas First Corporate Services provides essential support functions for the core business units of the Bahamas First Group across jurisdictions. From legal and compliance oversight to accounting services, marketing and technology support, BFCS ensures that all units receive expert assistance and resources to operate efficiently and effectively. By centralizing these services, the Group is able to streamline processes, optimize resources, and maintain high standards across the organization.