Insurance Company identifies the insurer that provides coverage for assets, collateral, stock, machinery, property, vehicles, or other risks connected with the borrower or facility. In MSME lending, insurance protects both the borrower and lender from loss caused by fire, theft, accident, natural calamity, or other covered events. For example, machinery financed by a term loan may be insured with the lender’s interest noted in the policy. The insurer’s name, policy number, coverage amount, expiry date, and endorsement details help the operations team track whether protection remains valid. This matters because uninsured or underinsured collateral can reduce recovery comfort after a loss event. The common mistake is to capture the insurer name but ignore policy adequacy, exclusions, renewal status, and bank clause.