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 Learn the best steps to take after you’ve been in an automobile accident with this useful, step-by-step video. Insurance Needs Assessment: Married With Children When you’re married and have children, insurance needs will be different. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.