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 The Best of Both Worlds Here are a few reasons we’ve chosen to be independent. What is Blanket Coverage? Do you know what Blanket Coverage is? Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.