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Avon to sell motor insurance

Avon, the beauty products company, has confirmed plans to diversify into financial services and could be selling motor insurance in the next five years through the extra 20 000 Avon ladies it plans to recruit, according to newspaper reports.

Jerry McDonald, president of Avon UK, said the business was “a sleeping giant”, which may introduce life insurance, motoring cover sand credit cards into its product range.

Avon’s brand, seen as old

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