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(NEW YORK) March 23, 2021 – RIMS, the risk management society®, selected eight universities to compete during RIMS LIVE 2021 for the 2021 Spencer-RIMS Risk Management Challenge top honor. Twenty university teams entered the competition. Based on the solutions they developed for a risk management civic case-study developed by RIMS Diversity, Equity and Inclusion Advisory Council, the top teams have been invited to present their findings during RIMS LIVE 2021 that is scheduled for April 19 – 30.

The eight university teams chosen to compete at RIMS 2021 are:

• Appalachian State University
• Butler University
• Florida State University
• Illinois State University
• Indiana State University
• Peking University
• University of Hartford
• University of Wisconsin

The case study provided by RIMS DE&IAC presents a civic risk management challenge. The university teams will present their strategies for departmental budget cuts, the impact of the cuts on employees and the community, while also addressing DE&I considerations. A panel of risk management professionals will determine the teams’ success in innovation, professionalism and presentation skills.

On April 14, the final three teams will be selected after the first round of presentations. The finalists will present before a live audience during the conference on April 21 and the winner will be announced at the RIMS LIVE 2021 Finale on April 29.   

To learn more about the Spencer-RIMS Risk Management Challenge and other opportunities, resources and content for risk management and insurance students, visit RIMS Student Resource Center at www.rims.org/students.

RIMS LIVE 2021
To continue to celebrate innovation in risk management, RIMS has transformed its Annual Conference into the RIMS LIVE 2021 virtual conference experience. The 10-day event scheduled from April 19 – 30 will bring the world’s risk management community together, delivering 175 education sessions, advanced network-building capabilities and game-changing solutions in its digital Marketplace. Launched in 1963, the in-person RIMS Annual Conference normally attracts some 10,000 risk and insurance professionals at all experience levels, business executives with risk management interests, brokers, insurers and service providers. RIMS 2022 Annual Conference will be held in San Francisco. For more information about RIMS LIVE 2021, visit www.RIMS.org/RIMS2021.

About RIMS
RIMS, the risk management society®, is a global not-for-profit committed to advancing the practice of risk management throughout the world. We bring networking, professional development, certification, and education opportunities to our membership of 10,000 risk management professionals in over 60 countries. Founded in 1950, the Society represents more than 3,500 industrial, service, nonprofit, charitable, and government entities throughout the world. To access RIMS Risk Knowledge resource library and for additional information about the Society, visit www.RIMS.org.

About Spencer Educational Foundation
The Spencer Educational Foundation is a 501(c)(3) nonprofit organization funding the education of tomorrow’s risk management and insurance leaders through scholarships, grants, internship opportunities, on and off campus experiential learning, and support of risk management/insurance curricula. Since its founding in 1979, Spencer has awarded over $8 million in scholarships and $5 million in grants to universities and professional institutions affecting more than 60,000 students through programming. For more information, please visit www.spencered.org.

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