In order to raise awareness among insurance companies about the importance of timely preparation for future regulatory requirements, the Insurance Agency of the Republic of Srpska organized an education on the topic: “Integrated risk management and the ORSA process”. Mrs. Draženka Janjanin, acting Director of the Agency, opened the lecture and emphasized that this topic and these processes represent the near future and the inevitability towards which our insurance industry will move in the coming period. The training, which was held on December 21, 2022 in Banja Luka, was attended by members of management boards, directors and executive directors of insurance companies from the Republic of Srpska.