NexPhase Capital, a thematically driven and operationally focused private equity firm, completed the investment in Insurance Systems, a provider of enterprise software solutions to the property and casualty insurance industry. Financial terms were not disclosed. "We are proud to partner with ISI, whose mission-critical software solutions and premier service have made the Company a partner-of-choice for customers in the property and casualty insurance industry. With a flexible, highly configurable platform and strong existing industry relationships, ISI is well-positioned for continued growth. We look forward to working alongside Casey and the rest of the highly experienced management team in an effort to continue ISI's track record of providing a leading platform and excellent service at scale," Joel Killion, NexPhase Partner.