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 Extended Care: A Patchwork of Possibilities What is your plan for health care during retirement? Protecting Your Home Against Flood Loss Protect yourself against the damage that your homeowners policy doesn’t cover. Disability Income This calculator estimates your chances of becoming disabled and your potential need for disability insurance.