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 The Best of Both Worlds Here are a few reasons we’ve chosen to be independent. Did You Know This Fact About Flood Damage? Prevent major flood damage with this tip. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.