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The founders of WELIS, LLC have been providing software for
the insurance industry since 1980. The current team was formed in 1998 while developing
a proprietary illustration system for a large US Insurer. That system was very well
received by marketers and agents in the field, and is still used today by that carrier
to illustrate all of its insurance products.
WELIS, LLC began operations in January of 2000. The
WELIS team designed and implemented the Ascent illustration system using state-of-the-art
technologies and the combined practical experience of its principals.
Pacific Life has licensed the system (private-labeled Navigator) for use in all
of its Life distribution channels and markets. Navigator has been implemented on both
the desktop and the web and it has been extremely successful.
In 2004, AXA-Equitable licensed the system (labeled AEGIS) to replace its obsolete
platform and upgrade its illustration capability. AEGIS is used for all AXA-Equitable
life insurance illustration needs.
In 2005, Prudential Financial licensed the system (labeled PruBenefit Weaver) for
use in its COLI and Group Life markets.
In 2006, Nationwide licensed Ascent (labeled COLI Illustrator) for use in its COLI markets.
In 2007, Sun Life licensed Ascent (SunSolutions Ascent) for use in a variety of markets.
In 2009, Nationwide expanded its Ascent license to include all retail life insurance products (UL, VUL, Survivorship, Whole Life, Term). The retail system is named Life Illustrator.
WELIS maintains strong, long-term relationships with its customers while seeking
to expand its clientele at a sustainable rate.
The principals of WELIS have over 100 combined years of expertise in the insurance
industry. Each has an actuarial background. Other Insurance experience includes
marketing and sales, as well as extensive experience with systems and the internet.
WELIS, LLC is a privately held company and is wholly owned by its principals.
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