Six Sigma Insurance Industry Benchmarking Association

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 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.

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