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 If a Pipe Breaks Do you know what to do if a pipe breaks in your house? What is Dwelling Coverage? Do you know what Dwelling Coverage is? Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.