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 | Related Content Forecast Life is as unpredictable as the weather. We’d love to help you prepare. What is an Appraisal? Do you know what an Appraisal is? Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.