Sectaurs

The Sectaurs were a toy in the 1980s- they were action figures who were part man, part insect. The best ones, the leaders of the good and evil teams, had giant flying insects they rode. The mounts were mostly made of a glove you wore on your hand- your fingers became the legs of the giant dragonfly or spider. As I recall the bad guys all had spiders; a spider with wings in the case of General whatever. The ones with wings had a battery in them, you’d flip a small switch and the wings would beat while you moved your hand around, pretending it was flying. The little plastic man would ride your hand through the air.
Web link of note: Sectaurs
(At http://www.sectaurs.org/)