Guy Money appointed Regional Managing Director of Allianz Commercial Iberia and member of the Board of Allianz Seguros

Press release | February 9, 2026

Guy Money has been appointed Regional Managing Director for Iberia for Allianz Commercial and a member of the Board of Allianz Seguros (Spain), effective 1st of March 2026, subject to regulatory approval. Guy will report to both Veit Stutz, Chief Executive Officer at Allianz Seguros, and Jeremy Sharpe, Chief Distribution Officer at Allianz Commercial. In his new roles, Guy will lead Allianz’s commercial insurance activities for small- and medium-sized companies, large corporations and specialty risks in Spain and Portugal. He will be based in Madrid.

He succeeds Agustín de la Cuerda, who will move to a new position that will be confirmed in the coming weeks. Agustín joined Allianz in 1994 and has held leadership positions in Spain, Portugal, and Latin America. He has played a key role in the establishment and growth of Allianz Commercial in Iberia, as well as in driving the SME business of Allianz Seguros in Spain, where the company ranks among the top two players in the market. Allianz now works with approximately 80% of the companies listed on the IBEX 35, including providing multinational insurance for many of these beyond Iberia. To ensure a smooth transition, Agustín will continue in his current roles at Allianz Commercial and Allianz Seguros until Guy takes up his new position in March.

Guy Money is currently Global Head of Multinational at Allianz Commercial, having joined Allianz in 2020 since when he has held several senior leadership roles. Prior to Allianz, Guy worked at AXA, where he was Group Head of Liability lines. He also spent five years in Singapore and held several senior management positions across Europe, Asia, Middle East and Africa. 

Jeremy Sharpe, Chief Distribution Officer at Allianz Commercial comments: “I want to thank Agustin for his leadership of Allianz Commercial in Iberia. He has established our Commercial business strongly in the market and as a key hub in our multinational network, and I wish him the very best for his next steps. I am very happy to welcome Guy to Madrid: he has extensive international experience spanning the Commercial sector and will further drive our business strategy in Iberia, supporting clients and brokers across this key region.” 

Veit Stutz, Chief Executive Officer of Allianz Seguros (Spain) says: “Agustín has played a key role in our company for many years. His leadership has made an important contribution to strengthening our business in Spain. I would like to thank him for his commitment and valuable contribution. Now, with Guy joining the team, we will continue to grow our SME and corporate business, supported by his experience in the multinational segment as we further expand our presence in Spain.”

Hugo Kidston
Global Head of Communications
+44 (0)7881 803690
[email protected]

Philipp Keirath
Head of Media Relations
+49 160 982 343 85
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Laura Llauradó
Regional Head of Communications and Marketing, Iberia
+34 660 999 650
[email protected] 

Sonia Rodríguez
Senior Communications Expert
+34 638 930 008
[email protected]

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry, as well as family-owned and medium enterprises, which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions.

Powered by the employees, financial strength, and network of the world’s #1 insurance brand Allianz, as ranked by Interbrand, we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.

The trade name Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around €17,3 billion in gross premium globally.

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