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 Forecast Life is as unpredictable as the weather. We’d love to help you prepare. Life Insurance Explained Looking to learn about life insurance? This comprehensive article is a great place to start. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.