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NAMIC Service PartnersBenchmarking

Insurance executives are studying every part of their operation to wring out inefficiencies. Because of this, a number of you have talked to NAMIC about the need to benchmark your company's performance against the competitors.

Until now however, the cost and lack of sufficient data from similar companies has restricted this very important exercise.

NAMIC partnered with Ward Group, the leading provider of benchmarking services, to provide their program and Electronic Best Practices software database to members at a substantially reduced member cost.

Ward has developed a five-step process for its benchmarking program. This successful formula has resulted in more than 300 companies participating in the program. They work with you to establish a benchmarking framework for your company, develop "apples-to-apples" comparisons, conduct an on-site best practices analysis, and review and monitor the results. It is a comprehensive process.

Interested in NAMIC's Benchmarking Service

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