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 Combine Your Policies and Save Some things just make perfect sense in pairs. Did You Know This Fact About Unattended Cooking? Do you know unattended cooking is a leading cause of fatal home fires? Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.