Transforming Figo for the Modern Consumer into a $50MM Business

REVENUE GROWTH ● BRAND EVOLUTION ● FULL-FUNNEL MARKETING

Opportunity

After a decade in market, Figo Pet Insurance had a tech-forward brand that had become stale. While innovative at launch, its feature-focused messaging no longer resonated with modern pet parents seeking emotional connection over product specs.

Moreover, Figo had become reliant on a limited few marketing channels that were no longer working.

Strategic Solution

  • Differentiated Brand Strategy: Evolved positioning to emphasize "right fit" over "best in category," appealing to consumers seeking personalized solutions.

  • Emotional Storytelling: Developed new brand voice, visual identity, and messaging to authentically reflect modern pet parents' experiences and values.

  • Channel Expansion: Tested into a range of new marketing channels and built out a strong top, middle and bottom of funnel strategy that expanded reach and improved conversion at key decision points. Launched first major retail partnership that drove significant growth.

Impact

  • Generated 3.5x revenue growth within two years

  • Reduced customer acquisition cost by 24%

  • Improved online conversion rate by 40%, leading to an incremental $1MM in revenue per month

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Scaling a $500MM Pet Insurance Portfolio

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