Whether it is collecting data across a giant enterprise or from your home, the Internet of Things, as part of a big data strategy, has real potential to change how companies and home owners do business with insurance companies. Those devices that manage heating systems, security tools, smoke alarms, and other electronics spread throughout a company or a home are generating data that can help an insurance company better evaluate you as a good risk or a poor one. Of course, that  can translate into lower premiums for those of us on the good side of the coin, while those with higher risks could end up paying more. Gwenn Bézard is co-founder and research director at Aite Group, where he leads the insurance practice. He joins All Analytics Radio to discuss what the IoT and the smart home mean to the insurance sector and its customers on Friday, May 6, at noon (EDT). In this event you will learn: About the state of the art in utilizing device data, such as what informatics in our cars already can tell insurance companies and the police about our drivingHow IoT data can reduce costs, and perhaps premiums, for insurance companiesHow insurers have to balance customer privacy concerns with their data gatheringHow the insurer-customer relationship will change in the coming years