FMHL chief executive officer, Douglas Hoto ZIMBABWE’S insurance firms are rapidly realising that they will need to strategically partner with deep-pocketed and innovative players in the industry to stay relevant in an increasingly digital environment. Local equities research firm, Equity Axis, said insurance firms are increasingly pooling resources to enhance competitiveness in a cutthroat market where premiums are plummeting on the back of a deteriorating economy marked by low aggregate demand,. First Mutual Holdings Limited (FMHL) was last week given the nod by its shareholders to acquire at least 80 percent shareholding in short-term insurance firm, NicozDiamond. FMHL chief executive officer (CEO), Douglas Hoto, said the insurance group would merge its subsidiary, Tristar Insurance with NicozDiamond…