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 Extended Care: A Patchwork of Possibilities What is your plan for health care during retirement? Term vs. Permanent Life Insurance When considering life insurance, it's important to understand your options. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.