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The
Insurance Systems & Technology Benchmarking Association (ISTBA)
is currently a free association of insurance information systems
and technolgy professionals within companies. ISTBA conducts
benchmarking studies to identify practices that improve the overall
operations of the members.
Mission
Insurance
Systems & Technology
Benchmarking Association is dedicated to the analysis and improvement
of business processes in the insurance care industry and related
industries. Through the exchange of data gathered in benchmarking
surveys, members
will be able to benefit from the experience of many companies in
the industry. Membership is open to individuals employed as permanent
employees
of companies in the insurance industry and related industries.
Objectives
- To identify "Best
in Class" business processes, which, when implemented, will
lead member companies to exceptional performance as perceived by
their customers.
- To conduct benchmarking
studies of important business processes.
- To create a cooperative
environment where full understanding of the performance and enablers
of "best in class" business processes can be obtained and
shared at reasonable cost.
- To use the efficiency
of the consortium to obtain process performance data and related
best practices from inside the insurance services and banking industry.
- To support the
use of benchmarking to facilitate process improvement and the achievement
of total quality.
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The
scope of ISTBA membership is open to individuals employed as
permanent employees of companies in the insurance care management industries.
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Company membership
will be considered with respect to compliance with ISTBA 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 ISTBA is free.
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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.
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Benefits
of Membership
Studies:
ISTBA will
identify and present to members opportunities to participate in
Benchmarking studies on various topics addressing issues of importance
to insurance
services and related industries.
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 insurance information services, banking and related industries'
benchmarking efforts:
- Research - Access
public and private databases.
- Identify study
participants - Top companies in insurance services and related
industries.
- Collect data
- Manage response collection with the participants as a third party.
- Lead site visits
- Structured with best participants.
Roundtables:
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 insurance services and related industries.
Cost:
Currently,
membership in ISTBA is FREE! Costs of studies are shared
by the participants.
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Current Benchmarking Initiatives
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Click topic for more info
To
find out more
information:
Call (281) 440-5044
or
click here for email
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