Review on Firstinsurancebank

The website First Insurance Bank (accessible at firstinsurancebank.com) presents itself as a full-service international online bank offering checking, savings, loans, cards, investing, and global transactions. Its homepage claims the bank was founded in 2013, has “global coverage”, “300+ workers”, “70+ contributors”, and offers features such as “highest returns”, “instant processing”, and “bank-level security”. 

However — upon closer inspection — the operation exhibits numerous red flags regarding legitimacy, transparency, regulatory status, and domain pedigree. A risk-scoring tool gives it a very low trust rating. 
In this review we look at all available evidence, dig into the claims, note what appears suspicious, weigh potential pros/cons, and come to a reasoned conclusion about whether the site is legitimate (safe) or highly likely a scam.

More Details

Domain & Trustworthiness

The domain was registered in February 2023 (just over 2 years old as of now). Legitimate banks generally have long histories, established reputations, and domains often much older. The novelty of the domain is one red flag.
Furthermore, the “Scam Detector” trust score is only 18.4/100 — placing this site in the “New. Suspicious. Dubious.” category.  The technical risk metrics (phishing, malware, proximity to suspicious websites) are very high.

Regulatory/License Opaqueness

For a bank to legitimately operate (especially across multiple countries or “worldzone” coverage), it must be licensed, regulated, perhaps deposit-insured, and transparent about such. On the site I find no verifiable license number, no clearly identified regulator, no audited financial statements, and no credible third-party oversight. This absence is a strong warning.
They list “1351 New Hampshire Ave NW, Washington, DC” as an address.  But that alone is minimal; there is no mention of chartering by U.S. federal or state banking authorities or membership of FDIC (if U.S.). The name “First Insurance Bank” is also misleading: mixing “Insurance” and “Bank” could confuse customers and mask the true nature of the operation.

Marketing & Claims

The site uses marketing language typical of high-risk offerings: “highest returns on your investments”, “save and invest your money”, “global coverage”, “instant processing”, “lowest fee”.   While these are plausible as advertising phrases, when combined with the lack of transparency, they become suspect. Real banks may promise good service, but will always back it with concrete regulatory and legal disclosures.

Technical & Hosting Details

The nameservers NS1.EXTRASOLIDWEB.TOP and NS2.EXTRASOLIDWEB.TOP suggest use of generic hosting or reseller type services rather than enterprise-grade banking infrastructure. Scam Detector In addition, the site is flagged for high “proximity to suspicious websites” (93/100) — meaning, its infrastructure may share IP neighbourhoods or registrar associations with known malicious or fraudulent sites.

Risk to Users

Given the above, if someone were to open an account, deposit funds, or submit personal sensitive information, the risk is high:

• Deposited funds might not be insured or recoverable.

• Withdrawals may be blocked or delayed indefinitely.

• Personal data (ID info, address, banking login) could be misused for identity theft or financial fraud.

• The facade of “banking services” could be used to harvest sign-ups and then vanish (“exit scam”).

Why we conclude “scam” rather than “legitimate but risky”

Because:

• The domain is extremely new for a serious banking institution.

• There's no verifiable regulator or licensing information.

• The trust score is extremely low.

• The site uses highly generic bank-style marketing without supporting proof.

• The name implies legitimacy (“Insurance Bank”) but lacks substance and could be designed to mislead.

• This combination of traits matches common patterns of online financial scam sites.

While it is possible that the site is an ultra-small, newly formed bank, the absence of transparency and the presence of many red flags push the balance to “very likely scam”.

Hence I consider the site not legitimate, and advise high caution or avoidance.