Saute Onions & Garlic- in a large pot over medium low heat, melt butter. Add diced onion and saute 3-4 minutes. Add garlic, sweet paprika, kosher salt, ground pepper, onion powder, dried basil, and dried oregano. Stir and cook for another minute until fragrant.
Add Thickener & Broth- turn heat to low and sprinkle onion mixture with 4 tbsp flour. Stir to fully combine. Slowly whisk in 1 cup broth followed by white wine. Whisk until combined and there are no lumps of flour. Whisk in remaining broth.
Add Vegetables and Simmer- turn heat to medium high and bring broth to a simmer. Add quartered potatoes, sliced carrots, and bay leaf to pot. Allow to simmer uncovered for 12 minutes.
Cook Bacon- while vegetables are simmering, cook bacon in a frying pan. Set bacon on a paper towel lined plate to drain.
Add Shrimp & Corn- add shrimp and corn to pot. Cover and simmer for another 6-8 minutes until shrimp is pink and cooked through (with an Internal temperature of 120F).
Finish & Serve- turn heat down to low. Add chopped bacon and heavy cream to pot. Stir to combine and simmer for another minute or two. Plate and serve with buttery biscuits.