It's interesting that this bug has the same sort of anatomy (chitin and musculature) as the gun-toting friendly aliens (Anthromorph?) pictured elsewhere in your gallery. I know you're re-using and altering the design but it suggests a kinship that I hope you elaborate on.
Personally I'm imagining that the BugS were better at understanding biological genetics and selective breeding than humans. Thus their phenotypes (physical attributes) are much more diverse than humans. However humans are better at understanding physics.
Love this! The sort of thing that should be in a statue with a heroic warrior thrusting a spear in its chops!
The colours work especially well - at first glance it looks like a blurry camouflage pattern but the blue-red carapace is really effective - I'd be eaten in the second I spent gawping at the beautiful glistening patina!