| Aspect | Cargo Insurance | Freight Broker |
|---|
| Primary Role | Provides insurance coverage for shipped goods against loss or damage | Acts as an intermediary arranging transportation and freight services |
| Required Credentials | Insurance licenses, knowledge of shipping policies | Freight broker license, knowledge of logistics and regulations |
| Work Environment | Insurance companies, shipping companies, logistics firms | Freight brokerage firms, transportation companies |
| Industry Usage | Shipping, logistics, insurance | Transportation, logistics, freight services |
While Cargo Insurance focuses on protecting shipments through insurance policies, Freight Brokers coordinate transportation services between shippers and carriers. Both roles are essential in the logistics industry but serve different functions—one provides risk coverage, the other facilitates freight movement.