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 Accidents Accidents happen to everyone. We’re here to help. What is Blanket Coverage? Do you know what Blanket Coverage is? Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.