Q1 2025 Growth Scorecard
Product Growth Team
Jan-Mar 2025
We've exceeded our experimentation targets this quarter with 9 experiments launched (target: 6-8). The "Deselected by default product selection" Law vertical experiment delivered exceptional results with a 112.5% increase in submissions and 11.4% growth in premium revenue for the variation.
Experiments Launched
9
Target: 6-8
Clear Wins
2
Target: 1-2
Active Weeks
83%
Target: 70%
Key Experiment Wins
CLEAR WIN
Law Vertical Product Selection
112.5% submission rate
88.9% increase in binds
11.4% premium revenue
CLEAR WIN
Website Field UX Improvements
11% signup started to completed conversions
5.2% in # of application where website info is provided
Experiment Distribution
Acquisition
Retention
Expansion
Distribution by Pillar
Experiment Velocity
2
Fast-track (<1 week to launch)
3
Standard (1-2 weeks to launch)
4
Complex (2-4 weeks to launch)
Distribution of Outcomes
Clear Wins
2
Target: 1-2
Promising/Mixed
1
Target: 2-3
Learning Experiences
2
Target: 4-5
Q1 2025 Experiments
Experiment Status Outcome/Notes
Currently Live
Email placement LIVE AB test still running
Security Scorecard credit impact LIVE AB test still running
Deselected product selection page - Tech vertical LIVE AB test still running
Coverage page blog layout LIVE AB test still running
Successful Experiments
Website field UX SUCCESS Rolled out to all users
Deselected product selection page - Law vertical SUCCESS Rolled out to all users
Inconclusive Experiments
Get a Quote Nav CTA MVT INCONCLUSIVE No significant impact observed
Homepage hero industry dropdown INCONCLUSIVE Due to bug. Rolled out for a before and after analysis - currently live
Failed Experiments
Startup Page headers MVT FAILED Continuing to AB test in collaboration with Product Marketing Management to rapidly test different value propositions through industry landing page headers
Next Quarter Focus
1
Enhance quote-to-bind conversion in the technology vertical through strategic initiatives that includes retargeting of users hesitant to complete online binding by evangelizing our brokerage services to qualified customers, and addressing knowledge barriers to increase end-to-end digital conversions.
2
Finalize ongoing Q1 initiatives including Tech vertical toggle, email placement optimization, and Zip code validation tests that aim to continue optimizing to middle of the funnel micro-conversions
3
Balance our experimentation portfolio by introducing 2-3 retention-focused tests targeting existing customer engagement and satisfaction through self-service
4
Establish a structured framework for customer expansion experiments to identify upsell and cross-sell optimization opportunities