No, Izzy wouldn't make sense with that pronounciation!
The Norwegian pronounciation is IS-eh-leen or EE-seh-leen, but I was thinking people would be inclined to pronounce it like the start of Isabella.
I hadn't even considered Ice- as a possibility, so thanks for that!
I dislike that more than I do Izzy!!
http://www.behindthename.com/pnl/56287