Heat olive oil in a large skillet over medium heat.
Season the chicken thighs with salt, pepper, and paprika.
Add the chicken to the skillet and brown on both sides for about 5 minutes each.
Remove the chicken from the skillet and set aside.
In the same skillet, add the diced onion and cook until translucent.
Stir in the minced garlic and chopped bell pepper, cooking for another 2-3 minutes.
Pour in the chicken broth, scraping up any browned bits from the bottom.
Return the chicken to the skillet and cover, reducing heat to low.
Let it simmer for about 25 minutes until the chicken is cooked through.
Stir in the heavy cream and cook for an additional 5 minutes, allowing the gravy to thicken.