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

View Full Paper

Ask AI

Bookmark

Authors

Discussion

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

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.

Bani et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark