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 Message Thank you! Oops! Related Content Combine Your Policies and Save Some things just make perfect sense in pairs. Keep Your Life Insurance When You Retire This article is perfect for those looking to maintain their life insurance or explore alternate options during retirement. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.