SPENCER-RIMS

RISK MANAGEMNET CHALLENGE

Date: Monday, May 4, 2026

Time: 11:00 AM - 2:00 PM ET

Location: 2026 RISKWORLD at Philadelphia, PA

2026 SPENCER Risk Management Challenge:

Coming Soon!

Congratulations to the University of Wisconsin-Madison for achieving first place in the 2025 Student RM Challenge!

Based on the solutions they developed for the case study, the top eight teams were invited to present their strategies at the RIMS 2025 Annual Conference (RISKWORLD) in Chicago, IL, USA.

1st Place University: University of Wisconsin-Madison

Team Name: Loss Aversion

Student Team Members:

  • Grace Dai

  • Hatatu Killeen

  • Noah Oachs

  • Josh Schaefer

University Representative: Carl Barlett

2025 Judging Committee:

  • Pamela Bradshaw – Director, Risk and Safety at Upbound Group

  • Kristy Coleman – Director of Risk Management at Warner Bros. Discovery

  • Adam Ennamli – Chief Risk Officer at General Bank of Canada

  • Cynthia Garcia – Chief Risk Officer at Bernards

  • Cristian Iglesias – Manager, Risk Services at The Cheesecake Factory Inc.

  • Tyler Vaughan – Insurance Risk Analyst at Avery Dennison

2025 RM Challenge Top 8 Teams

  • DePauw University | Greencastle, IN, USA

  • Institute of Insurance and Risk Management | Hyderabad, Telangana, India

  • Saint Joseph's University | Philadelphia, PA, USA

  • Tribhuvan University | Kathmandu, Bagmati, Nepal

  • University of New South Wales | Sydney, New South Wales, Australia

  • University of South Africa | Pretoria, Gauteng, South Africa

  • University of Wisconsin-Madison | Madison, WI, USA

  • University of the Witwatersrand | Johannesburg, Gauteng, South Africa

2025 RM Challenge News Articles

Click here to read the RIMS press release announcing the 2025 Top 8 University teams.

Click here to read the RIMS press release announcing the 2025 winning team.

Click here to read the FM article capturing the 2025 case study and competition process.

Click here to read the Business Insurance article capturing the presentation stages of the 2025 competition.

2025 RM Challenge Photo Gallery

Photos of the top eight teams at RISKWORLD 2025 in Chicago, IL, USA.

Photos from the top three team presentations at RISKWORLD 2025 in Chicago, IL, USA.