What is a Producer? Producer[pruh-doo-ser]noun1.A Producer is an individual licensed by a State’s Insurance board to sell insurance. A Producer can be an Agent, a Broker, or a colleague of either of the two. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Contents Snapshots Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going. Insurance Needs Assessment: When You're Newly Married Marriage changes everything, including your insurance needs. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.