Capstone Management Group and HealingMaps Announce Joint Venture to Deliver Specialized Insurance Products for Psychedelic-Assisted Therapy Industry

Miami, Florida–(Newsfile Corp. – June 11, 2024) – Capstone Management Group, a leading insurance/reinsurance program management firm, and HealingMaps Inc. (HealingMaps), a premier resource for psychedelic-assisted therapies, are excited to announce the formation of Advanced Behavioral Strategies, Inc. (ABS), a strategic joint venture to deliver innovative insurance products tailored for the burgeoning psychedelic-assisted therapy industry. This partnership aims to address the unique needs of practitioners and clients within this evolving field by offering comprehensive insurance riders and policies.

The psychedelic-assisted therapy industry is experiencing rapid growth, driven by increasing recognition of its potential benefits for mental health treatment. As this field expands, so does the need for specialized insurance solutions that cater to its unique challenges and opportunities. Capstone Management Group and HealingMaps are at the forefront of this movement, combining their expertise to provide robust coverage options that ensure safety, security, and peace of mind for all stakeholders involved.

“We are thrilled to partner with HealingMaps to launch ABS and offer specialized insurance products that support the advancement of psychedelic-assisted therapy,” said Nino Pedrini, CEO of Capstone Management Group. “Our mission has always been to provide innovative and comprehensive insurance solutions, and this joint venture allows us to extend that commitment to a cutting-edge industry with immense potential for positive impact.”

Cory Jones, CEO of HealingMaps, echoed this sentiment, “The collaboration between HealingMaps and Capstone represents a significant step forward for the psychedelic therapy community. By creating insurance products specifically designed for our industry – coupled with our marketing and data solutions – we are addressing a critical need and fostering a safer environment for practitioners and patients alike. This partnership underscores our dedication to supporting the growth and acceptance of psychedelic-assisted therapies.”

The new insurance products offered through this joint venture will include specialized riders and policies that cover various aspects of psychedelic-assisted therapy, such as professional liability, general liability, and product liability. These tailored solutions are designed to provide comprehensive protection for therapists, clinics, and other entities involved in the psychedelic therapy space.

For more information about the new insurance products and how they can benefit your practice, please visit Capstone Management Group or HealingMaps.

About Capstone Management Group

Capstone Management Group is a leading provider of innovative insurance solutions, dedicated to delivering comprehensive coverage tailored to the needs of diverse industries. With a focus on customer service and risk management, Capstone Management Group is committed to providing peace of mind through tailored insurance products.

About HealingMaps

HealingMaps is the premier resource for information on psychedelic-assisted therapy, offering a comprehensive directory of clinics, therapists, and treatment centers. HealingMaps aims to support the growth and acceptance of psychedelic therapies by providing reliable information and resources to practitioners and patients.

Media Contact:
Cory Jones
CEO
cory@healingmaps.com

“THE INFORMATION CONTAINED IN THIS RELEASE IS NOT AN OFFER TO SELL OR A SOLICITATION TO BUY ANY INSURANCE PRODUCT OR SERVICE. Products and services described above may be offered by one or more licensed affiliates or business partners of the aforementioned entities. Not all products and services may be available in all jurisdictions, and the coverage provided by any insurer is subject to the actual terms and conditions of the policies issued. Please refer to the actual policy or the relevant product or services agreement for complete terms, exclusions and conditions. Certain products and services may be provided through various non-admitted insurance companies. No insurance product or service which may be offered or sold by any of the entities listed in this release will be effective in any jurisdiction in which such offer or solicitation, purchase or sale would be unlawful under the insurance or other laws of such jurisdiction.”

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