Aquí el código para insertar la imagen
Private Sub Worksheet_Change(ByVal Target As Range)
'Por.Dante Amor
Set h1 = ActiveSheet
Select Case Target.Address(False, False)
Case "A13": Set img = h1.Image1
Case "A27": Set img = h1.Image2
Case "A41": Set img = h1.Image3
Case "A55": Set img = h1.Image4
Case Else: Exit Sub
End Select
carp = [A3]
img.Picture = Nothing
Set h3 = Sheets(carp)
Set b = h3.Columns("A").Find(Target, LookAt:=xlWhole)
If Not b Is Nothing Then
ruta = ThisWorkbook.Path & "\IMAGENES\" & carp & "\"
arch = h3.Cells(b.Row, "B") & ".jpg"
If Dir(ruta & arch) <> "" Then
img.Picture = LoadPicture(ruta & arch)
Else
MsgBox "No existe el archivo"
End If
Else
MsgBox "No existe el modelo"
End If
End Subsal u dos