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 Coaches Coaches have helped you your whole life, in ways big and small. We’d like to be one of them. Did You Know This Fact About Flood Damage? Prevent major flood damage with this tip. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.