Finland-based Pohjola Insurance has formed a new subsidiary Pohjola Health, to provide services related to the analysis, management and measurement of employee wellbeing and wellness.

According to the Pohjola, the new subsidiary will offer companies with an employee wellbeing analysis and monitoring service and a range of operating models and support for daily employee wellbeing management.

Veli-Matti Qvintus, executive vice president of New Businesses at Pohjola Insurance will lead the Pohjola Health as an acting managing director.

The operations of the Pohjola Health are scheduled to commence in early 2011.

Initially, the Pohjola Health will offer its services to companies with a staff of over 250 in the Helsinki Metropolitan Area, Tampere and Turku.