Mr. Steve Broughton served as Chairman at Lloyds Development Capital. He serves as a Non-Executive Director at Neos Ventures. Broughton was formerly managing directer of Royal and Sun Alliance and is also on the boards of insurer Fortis UK, software house SSP holdings, and motor claims management agency Ai Claims Solutions. He also chairs the Sun Alliance Pension Fund. The moves follows the LDC backed A?40m management buyout of Direct Group last August.