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Careful, your risk is showing. And in this cold economic climate, it’s no time to feel naked.

Kurt Eaves and his recently launched risk management company, Eaves Risk Consulting LLC, want to make sure your small or mid-sized business is covered.

Eaves said that although large firms typically have a corporate risk manager, small and mid-level businesses often are overwhelmed by the complexities of insurance and risk management.

“There are unmet needs for small and medium-sized businesses to get advice on risk management,” said Eaves, who has spent 23 years in the field of property and casualty insurance and risk management. “And during this economic crisis and as the economy is slow, now is the worst time to have an uncovered loss.”

And, Eaves said, because of the economy, many companies are cutting costs from their risk management budgets. An ill-advised move.

The two main focuses of the company are litigation support and commercial risk management. Eaves is already doing work on the litigation side by providing property and casualty expert witness services to law firms involved with commercial insurance litigation. Through the risk management side of his operation, Eaves plans to help companies by going in and taking a holistic look at their operations to identify potential sources of financial loss, weigh risk management alternatives, and evaluate risk from an enterprise perspective. He then will work with the company by recommending techniques to manage those risks.

One of the ways to handle risk is to buy insurance. Eaves feels that although insurance agents do a good job placing coverage, their role is typically not to act as a risk manager, which often limits the kind of advice they can give.Eaves doesn’t accept commissions from insurance agents or brokers and doesn’t sell insurance products himself. Instead, his role is help clients find insurance products that fit their needs, if that is the best way to handle the risk.

“Business owners are in business to run their business, not to be insurance experts,” said Eaves, who often hears clients complain of having to be an occasional risk management or insurance expert. “That is one of the things we would like to go in and help them with.”