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 If You're In An Accident Do you know what to do if you're in a car accident? What You Should Do About Insurance Following a Divorce In the face of divorce, making changes to insurance coverage may be overlooked. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.