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 Your DNA Test If your family relies on your income, it’s critical to know what their needs would be in the event of your death. When to Self-Insure Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails? Disability Income This calculator estimates your chances of becoming disabled and your potential need for disability insurance.