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? Address Thank you! Oops! Related Contents If a Pipe Breaks Do you know what to do if a pipe breaks in your house? 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.