Benchmarking is a critical aspect of
an insurance industry six sigma quality program
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Mission
The 6 Sigma
Insurance Industry Benchmarking Association (6SIIBA™) is
an association of insurance industry 6 sigma professionals
within major corporations dedicated to providing members with
an opportunity to identify, document and establish best practices
through benchmarking to increase value, efficiencies, and profits.
Benchmarking
Benchmarking
is a performance measurement tool used in conjunction with
improvement initiatives; it measures comparative operating
performance of companies and identifies the "best practices."
Benchmarking
creates value by
- Focusing
on key performance gaps;
- Identifying
ideas from other companies;
- Creating
a consensus to move an organization forward;
- Making
better decisions from a larger base of facts.
Membership
Benefits
-
Studies:
6SIIBA™ will
identify and present to members opportunities to participate
in benchmarking studies on various topics addressing six
sigma issues of importance to the
insurance industry.
There
are two types of Benchmarking studies provided:
- Consortium
studies are offered to the membership as a whole with costs
divided.
- Single
company sponsored studies addressing the interest of one
member company can be offered to other selected members
for no fee.
The association
will also support the six sigma benchmarking efforts:
- Research
- Access public and private databases.
- Identify
study participants - Top companies in the insurance
industry.
- Collect
data - Manage response collection with the participants
as a third party.
- Lead
site visits - Structured with best participants.
Interest
group roundtables will be organized throughout the year.
Members
will pay a nominal fee to join real and virtual roundtable
discussions that address specific processes for the insurance
industry.
Currently,
membership in 6SIIBA™ is FREE! Costs of studies are shared
by the participants.
Membership
The scope
of 6SIIBA™ membership is open to individuals employed
as permanent employees of companies in the insurance
industry.
Company
membership will be considered with respect to compliance with
6SIIBA™ mission, goals and operating guidelines, as well
as, qualification of the organization within the scope of membership.
Participation
in specific efforts will be optional and open only to members
with costs shared by the participants. Members pay only if
they join a specific study. Currently, membership in 6SIIBA™ is
free.
We reserve
the right to review membership applications and to make the
final decision whether or not to accept any application.
Consulting
firms are ineligible for membership.
To become a member of 6SIIBA™, click
below.
 On-Line
sign up application
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