A good performance measurement system not only synchronizes the planning and controlling function of an organization but also determines the progress of an organization towards its objectives, helps in identifying areas of strength and weaknesses and decides on future initiatives with the goal of improving organizational performance. The future of the organization’s capabilities to create a centre of attention, develop and hold on to a talented work force will be a significant factor in developing a high-performance organization. The current paper is to understand the differences of performance levels in the six insurance companies of Jammu and Kashmir on a seven pointer likert scale. The overall performance of a company has been measured on a ten factor seven pointer scale and the ANOVA has been run to understand dimension-wise comparison. Each of the six insurance companies has been analyzed through Post Hoc study of SPSS for micro comparisons.