HIVE Underwriters has partnered with Dragonfly Intelligence to strengthen the identification and management of security risks in the aviation industry, the London-based managing general agent (MGA) announced on Monday.
Under the arrangement, airline clients subscribing to Dragonfly’s Security Intelligence & Analysis Service will be offered a discount on their insurance premium where HIVE holds the lead underwriting position.
Dragonfly is recognised by the International Air Transport Association (IATA) as a strategic partner and has held the top ranking by Chambers & Partners for four consecutive years. The firm counts several of the world’s largest airlines among its clients.
David Langran, class underwriter at HIVE Underwriters, said the partnership aimed to improve risk oversight, particularly for airlines without dedicated in-house security analysis.
“At HIVE, we are constantly seeking new ways to enhance the value we offer our clients and broker partners,” Langran said. “Adding to our ecosystem of intelligence partners with the expertise and technology of the Dragonfly team enables us to offer advanced forward-looking security risk mitigation support to those accounts where we take a lead position on risk. This collaboration supports airlines, particularly those without in-house security analysis, in building more robust, data-led risk management programmes. It’s another way we help our clients operate with greater confidence in an increasingly complex world.”
Henry Wilkinson, chief intelligence officer at Dragonfly, said the partnership would help airlines and insurers respond to a more demanding threat environment.
“This closer collaboration marks a step forward in helping our airline clients,” Wilkinson said. “By aligning Dragonfly’s forward-looking intelligence with HIVE’s underwriting leadership, we’re enabling airlines and their insurers to implement more robust, data-informed risk management programmes. The aviation sector faces an increasingly complex threat environment, and through this collaboration with the HIVE team, we’re helping clients stay ahead of emerging risks.”
The partnership comes amid heightened concern across the aviation industry. According to risk intelligence firm Riskline, airlines are on track to surpass $1 trillion in global revenue in 2026, yet the operating environment is becoming increasingly fragile. The firm’s 2026 outlook highlights a convergence of geopolitical, cyber, and climate-related risks that airlines are likely to experience earlier and more acutely than most other sectors.
Geopolitical instability has emerged as the single most pressing long-term concern for aviation insurers. A survey by the International Union of Aerospace Insurers (IUAI) found that the number of industry experts identifying geopolitical instability as the biggest threat over the next five years was almost seven times higher than for the next most significant risk, according to StrategicRISK Global.
These concerns have been compounded by a sharp rise in cyber threats. The European Union Aviation Safety Agency (EASA) documented a 600% spike in cyberattacks on the aviation sector between 2024 and 2025, with approximately 1,000 attacks targeting airports worldwide each month, according to Aviate AI. In June 2025 alone, Hawaiian Airlines, WestJet, and Qantas each reported cyberattacks attributed to the Scattered Spider criminal group, with the Qantas breach exposing up to six million customer records, according to Help Net Security.