Welcome to our annual RIMS issue, where we dedicate an extra helping of pages to risk management to coincide with the Risk and Insurance Management Society's yearly conference and exhibition—which is taking place this week in Philadelphia.

Our cover story is an in-depth interview with Michael Liebowitz, a former RIMS president and the head of risk management at New York University. As a multi-billion-dollar, international operation with thousands of employees, NYU presents many of the same risks dealt with by Corporate America.

But Michael also has to respond to the unique lineup of perils posed by an institute of higher learning: research labs, a renowned film school, high-rise dorms, a major hospital, museums, libraries—and oh yeah, that little fact that a major chunk of his constituency are risk-relishing young adults.

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