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Have seen insurers do calls with buy-side internal subject matter experts rather than requiring a memo. Have also seen insurers review PPT slides in lieu of a memo. This isn’t 2021 and insurers are looking for deal flow so pretty flexible.
Just let the Broker know the plan and ask what the insurer will require from the buyer to bind the policy.
You can either inform client that you won’t do a memo or inform them that any memo or opinion you issue will have to state that it’s based entirely upon representations of the buyer and you have no first hand knowledge. And that this may or may not be sufficient for the carrier
Almost no underwriters care who “the” report comes from. Keep in mind that they will demand reports from anyone who produces one on the subject of due diligence/risk, regardless of whether it comes from a law firm or internally or a consultant. Just make sure the broker knows what the plan is.