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September 5, 2025Brilliant International Journal Of Management And Tourism

Beyond Risk Transfer: Rethinking Dynamic Capabilities as the Foundation of Innovation in General Insurance Compa-nies

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Authors

PBPaolo BaniUniversità Cattolica del Sacro CuoreRWRatih Anggoro Wilis

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Implication

Literature review reveals dynamic capabilities enhance innovation and value co-creation for insurers.

Key Points

  • Integrating dynamic capabilities promotes adaptability in creating innovative insurance products and strategies.
  • Insurance companies focusing on dynamic capabilities exhibit enhanced organizational responsiveness to market changes.
  • This study utilizes a narrative literature review to identify key dimensions of dynamic capabilities in insurers.
  • Developing dynamic capabilities shifts the paradigm from risk transfer to value co-creation in the insurance sector.

Cite This Study

Bani et al. (2025) studied this question.

synapsesocial.com/papers/68bb4dfb6d6d5674bcd0266dhttps://doi.org/10.55606/bijmt.v5i2.4418
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Using dynamic capabilities to cope with digital transformation and boost innovation in traditional banks2024 · 34 citations
  2. 2The role of dynamic capabilities for business model innovation in organizations from relatively stable markets2024
  3. 3The effect of the dynamic capabilities' microfoundations on innovation: insights from crossing levels2024 · 6 citations
  4. 4Dynamic Capabilities in Volatile Markets: Leveraging Strategic Flexibility and Customer Insights to Drive Product Innovation and Market Performance2025 · 4 citations
  5. 5Adapt or perish: How dynamic capabilities fuel digital transformation in traditional industries2025 · 8 citations