1️⃣ Preheat your oven to 325°F (163°C).
2️⃣ In a shallow dish, mix the flour, salt, pepper, and paprika. Dredge the steak pieces in the flour mixture, shaking off excess.
3️⃣ Heat olive oil in a large oven-safe skillet or Dutch oven over medium-high heat. Sear the steak pieces on both sides until golden brown (about 2-3 minutes per side). Remove and set aside.
4️⃣ In the same skillet, sauté the onions and garlic until fragrant and softened (about 2 minutes).
5️⃣ Stir in the diced tomatoes, beef broth, tomato paste, Worcestershire sauce, thyme, smoked paprika, and bay leaf. Mix well.
6️⃣ Add the sliced carrots and bell peppers, then return the steak to the skillet. Spoon some of the sauce over the steak.
7️⃣ Cover with a lid or foil and place in the oven. Bake for 1½ to 2 hours or until the meat is fork-tender.
8️⃣ Remove the bay leaf, serve hot with mashed potatoes or rice, and enjoy!