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 Combine Your Policies and Save Some things just make perfect sense in pairs. Insuring Your Second Home There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.