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 If You're In An Accident Do you know what to do if you're in a car accident? 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.