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? Name Email Address Question Thank you! Oops! Related Contents Extended Care: A Patchwork of Possibilities What is your plan for health care during retirement? The Case of the Crooked Credit Report Solve a mystery while learning how important your credit report is with this story-driven interactive. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.