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 Don't Myth Out on Whole Life There are a lot of myths around whole life. Get the facts here. Insuring Your Second Home There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk. When the Unexpected Becomes Reality Disability happens to more people, more often than you may think, and it lasts longer, too.