Tie-up provides machine-learning boost to small-business-focused insurtech.

Zurich’s subsidiary Farmers Group Inc. and Farmers Exchanges, which the insurer manages, will fund the purchase jointly.

The Insuramatch unit offers coverage for auto, home, boat, motorcycle, renters, umbrella and flood, among others.

The employees and select assets of Ireland-based Pramerica Systems change hands.

Also: Bestow API, Coverhound acquired.

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The broker gains a practice to help build technology for its business lines, which include commercial property-casualty, personal insurance and employee benefits.

(Bloomberg) -- Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp., according to people familiar with the matter.

Companies have been working together for several years.